VB Fleet ApS — Credit Rating and Financial Key Figures

CVR number: 34052824
Kanalholmen 1, 2650 Hvidovre
ll@kbus.dk
tel: 27270101
www.kbus.dk

Company information

Official name
VB Fleet ApS
Established
2011
Company form
Private limited company
Industry

About VB Fleet ApS

VB Fleet ApS (CVR number: 34052824) is a company from HVIDOVRE. The company recorded a gross profit of 41.2 mDKK in 2024. The operating profit was 14.9 mDKK, while net earnings were 11.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 42.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.3 %, 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 ApS's liquidity measured by quick ratio was 0.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-48.304 635.0932 361.7730 870.8241 232.66
EBIT-48.303 576.066 962.46825.3014 895.59
Net earnings-45.153 440.922 341.55-7 826.0011 379.88
Shareholders equity total44.356 701.4525 815.3421 252.5732 486.73
Balance sheet total (assets)2 928.9494 816.69244 665.76259 104.76211 982.29
Net debt1 413.3558 629.93184 742.90212 352.95156 107.71
Profitability
EBIT-%
ROA-1.4 %12.0 %4.1 %0.4 %6.4 %
ROE-5.9 %102.0 %14.4 %-33.3 %42.4 %
ROI-1.4 %14.5 %4.5 %0.4 %6.4 %
Economic value added (EVA)- 150.452 641.862 608.73-11 072.61-2 354.39
Solvency
Equity ratio1.5 %7.1 %10.6 %8.2 %15.3 %
Gearing5693.6 %874.9 %716.1 %1003.5 %480.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.40.60.50.6
Current ratio1.20.40.60.50.6
Cash and cash equivalents1 111.65115.65908.410.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:6.35%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.3%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board

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