VBT A/S — Credit Rating and Financial Key Figures

CVR number: 21416428
Farverland 1 A, 2600 Glostrup
info@vbt-as.dk
tel: 43660607
www.vbt-as.dk

Credit rating

Company information

Official name
VBT A/S
Personnel
110 persons
Established
1967
Company form
Limited company
Industry
  • Expand more icon49Land transport and transport via pipelines

About VBT A/S

VBT A/S (CVR number: 21416428) is a company from ALBERTSLUND. The company recorded a gross profit of 16.1 mDKK in 2023. The operating profit was 315.4 kDKK, while net earnings were 108.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 12.1 %, 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. VBT A/S'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit21 590.0015 232.0010 478.0013 404.0016 071.45
EBIT6 710.00883.00-19 330.00-18 907.00315.40
Net earnings4 649.00304.00-15 473.00-17 119.00108.30
Shareholders equity total44 479.0039 784.0021 310.003 503.003 611.02
Balance sheet total (assets)91 371.0075 203.0045 451.0035 533.0029 840.57
Net debt-8 189.00-5 862.006 782.008 383.005 247.28
Profitability
EBIT-%
ROA7.1 %1.1 %-32.0 %-46.6 %1.0 %
ROE10.4 %0.7 %-50.7 %-138.0 %3.0 %
ROI8.4 %1.3 %-39.9 %-68.0 %1.8 %
Economic value added (EVA)3 503.42- 717.03-16 510.36-17 421.9051.27
Solvency
Equity ratio48.7 %52.9 %46.9 %9.9 %12.1 %
Gearing19.2 %14.8 %33.3 %241.2 %145.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.40.80.70.6
Current ratio1.41.40.80.80.7
Cash and cash equivalents16 720.0011 755.00312.0067.0021.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBB

Variable visualization

ROA:0.98%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.1%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Chief executive officer

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