V-Fleet ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About V-Fleet ApS
V-Fleet ApS (CVR number: 42702684) is a company from GLADSAXE. The company recorded a gross profit of 1680.3 kDKK in 2023, demonstrating a growth of 43.2 % compared to the previous year. The operating profit was 44.4 kDKK, while net earnings were 34.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 29.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. V-Fleet ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 1 794.53 | |
Gross profit | 1 173.33 | 1 680.26 |
EBIT | 20.79 | 44.45 |
Net earnings | 19.82 | 34.67 |
Shareholders equity total | 99.82 | 134.49 |
Balance sheet total (assets) | 326.35 | 658.70 |
Net debt | - 198.04 | 101.73 |
Profitability | ||
EBIT-% | 1.2 % | |
ROA | 6.4 % | 9.0 % |
ROE | 19.9 % | 29.6 % |
ROI | 20.8 % | 18.4 % |
Economic value added (EVA) | 20.79 | 39.61 |
Solvency | ||
Equity ratio | 30.6 % | 20.4 % |
Gearing | 185.8 % | |
Relative net indebtedness % | 1.6 % | |
Liquidity | ||
Quick ratio | 1.4 | 1.3 |
Current ratio | 1.4 | 1.3 |
Cash and cash equivalents | 198.04 | 148.14 |
Capital use efficiency | ||
Trade debtors turnover (days) | 7.8 | |
Net working capital % | 5.6 % | |
Credit risk | ||
Credit rating | BB | BB |
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