Fangel VVS & Energi ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Fangel VVS & Energi ApS
Fangel VVS & Energi ApS (CVR number: 38213687) is a company from ODENSE. The company recorded a gross profit of 388 kDKK in 2024. The operating profit was -206.1 kDKK, while net earnings were -174.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.6 %, which can be considered poor and Return on Equity (ROE) was -12.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Fangel VVS & Energi ApS's liquidity measured by quick ratio was 4.7 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 828.69 | 2 082.43 | 2 934.26 | 1 335.96 | 388.04 |
EBIT | 818.01 | 748.75 | 973.39 | - 769.97 | - 206.09 |
Net earnings | 629.10 | 588.61 | 767.69 | - 764.62 | - 174.40 |
Shareholders equity total | 1 327.05 | 1 802.66 | 2 570.35 | 1 505.73 | 1 331.33 |
Balance sheet total (assets) | 2 105.39 | 2 632.49 | 3 590.06 | 2 659.57 | 1 718.11 |
Net debt | -1 590.40 | - 106.65 | -1 129.84 | - 133.12 | - 252.23 |
Profitability | |||||
EBIT-% | |||||
ROA | 45.6 % | 32.5 % | 32.2 % | -23.6 % | -7.6 % |
ROE | 56.5 % | 37.6 % | 35.1 % | -37.5 % | -12.3 % |
ROI | 73.3 % | 49.1 % | 45.6 % | -35.0 % | -11.2 % |
Economic value added (EVA) | 591.48 | 514.75 | 665.19 | - 907.83 | - 265.16 |
Solvency | |||||
Equity ratio | 63.1 % | 68.5 % | 72.1 % | 57.2 % | 78.7 % |
Gearing | 6.7 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 3.0 | 3.1 | 2.1 | 4.7 |
Current ratio | 2.6 | 3.0 | 3.2 | 2.1 | 4.4 |
Cash and cash equivalents | 1 590.40 | 106.65 | 1 129.84 | 233.73 | 252.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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