VB Fleet 2017 ApS — Credit Rating and Financial Key Figures

CVR number: 38430378
Kanalholmen 1, 2650 Hvidovre
ll@kbus.dk
tel: 27270101
www.kbus.dk

Credit rating

Company information

Official name
VB Fleet 2017 ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About VB Fleet 2017 ApS

VB Fleet 2017 ApS (CVR number: 38430378) is a company from HVIDOVRE. The company recorded a gross profit of 10.3 mDKK in 2022. The operating profit was 2480.6 kDKK, while net earnings were 888.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 10.6 %, 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 Fleet 2017 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit171.70-95.00-57.303 014.0810 335.18
EBIT171.70-95.00-57.301 382.072 480.58
Net earnings1 084.35754.11621.951 721.94888.32
Shareholders equity total2 058.092 812.20734.158 592.459 335.05
Balance sheet total (assets)44 960.9536 835.4731 954.9247 666.0587 763.99
Net debt37 408.0227 037.1325 306.6728 669.5868 988.77
Profitability
EBIT-%
ROA3.9 %3.7 %3.5 %7.0 %3.7 %
ROE71.5 %31.0 %35.1 %36.9 %9.9 %
ROI4.1 %3.8 %3.7 %7.4 %3.8 %
Economic value added (EVA)-1 039.59-1 785.57-1 301.0561.98639.87
Solvency
Equity ratio4.6 %7.6 %2.3 %18.0 %10.6 %
Gearing1818.1 %1007.0 %3447.1 %333.7 %739.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.00.10.6
Current ratio0.10.20.00.10.6
Cash and cash equivalents10.641 282.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:3.66%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:10.6%
Rating: 11/100
-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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