VB Fleet 2020 ApS — Credit Rating and Financial Key Figures

CVR number: 41132922
Kanalholmen 1, 2650 Hvidovre

Credit rating

Company information

Official name
VB Fleet 2020 ApS
Established
2020
Company form
Private limited company
Industry

About VB Fleet 2020 ApS

VB Fleet 2020 ApS (CVR number: 41132922) is a company from HVIDOVRE. The company recorded a gross profit of 2582.2 kDKK in 2024. The operating profit was 1166.8 kDKK, while net earnings were 136.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 4.5 %, 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 2020 ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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-17.95791.992 646.992 703.262 582.20
EBIT-17.95672.76828.13884.421 166.82
Net earnings38.23540.63226.62- 254.33136.51
Shareholders equity total78.23618.861 383.431 129.111 265.61
Balance sheet total (assets)16 512.5514 328.1638 734.7432 235.9528 172.13
Net debt16 946.1912 691.0835 366.4222 041.1219 514.69
Profitability
EBIT-%
ROA1.0 %6.0 %3.8 %2.9 %4.3 %
ROE48.9 %155.1 %22.6 %-20.2 %11.4 %
ROI0.9 %5.8 %3.9 %3.2 %5.0 %
Economic value added (EVA)-14.00- 365.03-43.34-1 212.96- 595.30
Solvency
Equity ratio0.5 %4.3 %3.6 %3.5 %4.5 %
Gearing21662.0 %2050.7 %2560.8 %1976.6 %1541.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.10.91.11.0
Current ratio0.30.10.91.11.0
Cash and cash equivalents60.71276.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.29%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:4.49%
Rating: 5/100
-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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