VENDELBO SPEDITION A/S — Credit Rating and Financial Key Figures

VENDELBO SPEDITION A/S (CVR number: 31422450) is a company from HJØRRING. The company recorded a gross profit of 56.6 mDKK in 2023. The operating profit was 3700.6 kDKK, while net earnings were 1725.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent and Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 21 %, 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. VENDELBO SPEDITION A/S's liquidity measured by quick ratio was 0.9 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.