VB Service ApS — Credit Rating and Financial Key Figures

CVR number: 30082966
Kanalholmen 1, 2650 Hvidovre
ll@larsenbus.dk
tel: 43263600

Credit rating

Company information

Official name
VB Service ApS
Personnel
5 persons
Established
2006
Company form
Private limited company
Industry

About VB Service ApS

VB Service ApS (CVR number: 30082966) is a company from HVIDOVRE. The company recorded a gross profit of 1986.1 kDKK in 2023. The operating profit was 1906.4 kDKK, while net earnings were 5587.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was 112.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 2.6 %, 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 Service ApS's liquidity measured by quick ratio was 399.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit2 582.022 774.172 228.082 492.651 986.13
EBIT69.12277.2892.742 002.121 906.44
Net earnings53.45198.6366.661 521.255 587.65
Shareholders equity total3 017.39616.24662.642 168.047 739.83
Balance sheet total (assets)4 785.382 438.1620 680.92368 944.67320 128.68
Net debt- 512.30330.17229.98365 207.88310 286.28
Profitability
EBIT-%
ROA1.5 %7.7 %0.8 %1.1 %1.9 %
ROE1.8 %10.9 %10.4 %107.5 %112.8 %
ROI2.1 %11.6 %7.5 %0.9 %1.7 %
Economic value added (EVA)-88.7194.6841.491 515.511 509.17
Solvency
Equity ratio63.1 %25.3 %3.2 %0.8 %2.6 %
Gearing11.4 %54.4 %35.7 %16845.4 %4009.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.80.41.06 576.1399.5
Current ratio2.61.21.06 628.1406.7
Cash and cash equivalents857.665.046.866.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:1.91%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.58%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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