VB Fleet 2019 ApS — Credit Rating and Financial Key Figures

CVR number: 40693270
Kanalholmen 1, 2650 Hvidovre

Credit rating

Company information

Official name
VB Fleet 2019 ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About VB Fleet 2019 ApS

VB Fleet 2019 ApS (CVR number: 40693270) is a company from HVIDOVRE. The company recorded a gross profit of 5109.5 kDKK in 2023. The operating profit was 1412.3 kDKK, while net earnings were -420.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was -10.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 7.5 %, 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 Fleet 2019 ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit45.19-44.761 593.085 436.775 109.49
EBIT45.19-44.761 089.601 630.281 412.31
Net earnings37.43-28.78933.991 735.25- 420.78
Shareholders equity total87.4358.652 744.954 063.753 642.98
Balance sheet total (assets)2 993.382 496.1724 409.7046 414.5848 556.67
Net debt2 626.082 149.4817 460.2738 310.3342 875.27
Profitability
EBIT-%
ROA2.2 %0.3 %12.7 %4.6 %3.0 %
ROE42.8 %-39.4 %66.6 %51.0 %-10.9 %
ROI2.3 %0.3 %13.8 %4.9 %3.0 %
Economic value added (EVA)35.25- 136.17682.38371.29641.33
Solvency
Equity ratio2.9 %2.3 %11.2 %8.8 %7.5 %
Gearing3045.3 %3664.8 %636.1 %948.1 %1183.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.50.20.70.7
Current ratio0.20.50.20.70.7
Cash and cash equivalents36.34219.51230.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:2.97%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.50%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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