VB TRADING ApS — Credit Rating and Financial Key Figures

CVR number: 36496290
Pilevej 2 A, 8370 Hadsten

Credit rating

Company information

Official name
VB TRADING ApS
Established
2015
Company form
Private limited company
Industry

About VB TRADING ApS

VB TRADING ApS (CVR number: 36496290) is a company from FAVRSKOV. The company recorded a gross profit of -9.9 kDKK in 2023. The operating profit was -9.9 kDKK, while net earnings were 92.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 28.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. VB TRADING ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-0.80-4.76-7.48-26.83-9.94
EBIT- 865.80-4.76-7.48-26.83-9.94
Net earnings- 879.34-56.591 329.82-70.9592.57
Shareholders equity total- 924.38- 980.97348.85277.90370.47
Balance sheet total (assets)223.57302.681 428.381 929.542 098.60
Net debt1 061.37915.31546.94421.60454.09
Profitability
EBIT-%
ROA-124.3 %-0.4 %100.8 %-2.8 %4.6 %
ROE-415.0 %-21.5 %408.2 %-22.6 %28.6 %
ROI-139.3 %-0.5 %147.2 %-5.7 %12.0 %
Economic value added (EVA)- 831.1116.4125.33-54.93-33.40
Solvency
Equity ratio-80.5 %-76.4 %24.4 %14.4 %17.7 %
Gearing-114.8 %-93.3 %170.1 %151.7 %125.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.11.91.41.1
Current ratio0.10.11.91.41.1
Cash and cash equivalents0.3146.479.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:4.57%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.7%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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