NIBE/Ø.HORNUM VVS ApS — Credit Rating and Financial Key Figures

CVR number: 27224571
Skovbrynet 12, 9240 Nibe

Credit rating

Company information

Official name
NIBE/Ø.HORNUM VVS ApS
Personnel
9 persons
Established
2003
Company form
Private limited company
Industry

About NIBE/Ø.HORNUM VVS ApS

NIBE/Ø.HORNUM VVS ApS (CVR number: 27224571) is a company from AALBORG. The company recorded a gross profit of 4109 kDKK in 2023. The operating profit was 664.6 kDKK, while net earnings were 492.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good but Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. NIBE/Ø.HORNUM VVS ApS's liquidity measured by quick ratio was 1.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 742.474 294.164 171.764 111.994 109.04
EBIT416.791 198.881 000.46878.25664.55
Net earnings322.83926.07763.31676.52492.44
Shareholders equity total2 496.782 922.863 186.162 862.682 855.12
Balance sheet total (assets)3 950.465 417.574 884.234 546.955 767.83
Net debt-1 046.55-2 491.95-2 043.99- 583.14- 195.30
Profitability
EBIT-%
ROA10.4 %25.6 %19.4 %18.6 %12.9 %
ROE13.8 %34.2 %25.0 %22.4 %17.2 %
ROI15.7 %38.9 %29.4 %27.3 %20.4 %
Economic value added (EVA)254.89865.54775.67632.42407.78
Solvency
Equity ratio63.2 %54.0 %65.2 %63.0 %49.5 %
Gearing2.7 %11.7 %2.6 %9.4 %17.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.22.62.41.7
Current ratio2.72.32.72.51.8
Cash and cash equivalents1 114.612 833.462 126.66852.86705.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.5%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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