GRINDSTED VVS ApS — Credit Rating and Financial Key Figures

CVR number: 25604709
Østre Alle 19, 7200 Grindsted

Credit rating

Company information

Official name
GRINDSTED VVS ApS
Personnel
2 persons
Established
2000
Company form
Private limited company
Industry

About GRINDSTED VVS ApS

GRINDSTED VVS ApS (CVR number: 25604709) is a company from BILLUND. The company recorded a gross profit of 514.3 kDKK in 2024. The operating profit was 177.3 kDKK, while net earnings were 96.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 16.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.4 %, 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. GRINDSTED VVS ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit1 055.251 835.252 445.96803.84514.25
EBIT522.391 143.791 570.63147.53177.33
Net earnings381.11843.471 180.3881.1896.87
Shareholders equity total744.981 288.451 468.83550.01646.88
Balance sheet total (assets)2 213.913 103.122 448.892 024.321 877.75
Net debt248.32-72.32-1 448.36195.905.22
Profitability
EBIT-%
ROA25.6 %43.0 %56.6 %6.6 %9.1 %
ROE68.7 %83.0 %85.6 %8.0 %16.2 %
ROI32.3 %54.0 %71.3 %8.4 %11.0 %
Economic value added (EVA)444.73882.551 219.66141.29147.98
Solvency
Equity ratio33.6 %41.5 %60.0 %27.2 %34.4 %
Gearing146.7 %86.0 %36.9 %171.5 %160.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.52.21.11.3
Current ratio1.31.52.21.21.3
Cash and cash equivalents844.681 179.941 990.57747.411 033.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.09%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.4%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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