Vikingbus Gruppen A/S — Credit Rating and Financial Key Figures

Vikingbus Gruppen A/S (CVR number: 39858266K) is a company from HVIDOVRE. The company reported a net sales of 1233.2 mDKK in 2023, demonstrating a growth of 6.8 % compared to the previous year. The operating profit percentage was poor at -0.1 % (EBIT: -1 mDKK), while net earnings were -16.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -8.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.8 %, 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. Vikingbus Gruppen A/S's liquidity measured by quick ratio was 1.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.