JØRGEN B. SØRENSEN. VVS-INSTALLATØRER ApS — Credit Rating and Financial Key Figures

CVR number: 10576431
Bybjergvej 12, 3060 Espergærde
kontakt@jbsvvs.dk
tel: 49132816

Credit rating

Company information

Official name
JØRGEN B. SØRENSEN. VVS-INSTALLATØRER ApS
Personnel
7 persons
Established
1987
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About JØRGEN B. SØRENSEN. VVS-INSTALLATØRER ApS

JØRGEN B. SØRENSEN. VVS-INSTALLATØRER ApS (CVR number: 10576431) is a company from HELSINGØR. The company recorded a gross profit of 3068.6 kDKK in 2023. The operating profit was 105.3 kDKK, while net earnings were 87.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 44.8 %, 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. JØRGEN B. SØRENSEN. VVS-INSTALLATØRER ApS's liquidity measured by quick ratio was 1.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit803.201 973.872 264.943 278.553 068.56
EBIT- 322.53248.09381.47232.29105.31
Net earnings- 252.63184.03291.93174.6687.26
Shareholders equity total122.93306.96598.89773.55725.81
Balance sheet total (assets)777.351 804.862 061.911 863.031 618.63
Net debt-70.1059.9511.63- 132.29- 239.12
Profitability
EBIT-%
ROA-32.0 %19.2 %19.7 %11.8 %6.0 %
ROE-101.4 %85.6 %64.5 %25.5 %11.6 %
ROI-97.3 %67.6 %51.2 %26.1 %12.4 %
Economic value added (EVA)- 254.15183.67292.32161.8364.31
Solvency
Equity ratio15.8 %17.0 %29.0 %41.5 %44.8 %
Gearing99.4 %40.9 %13.6 %8.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.71.01.41.4
Current ratio1.00.91.11.61.7
Cash and cash equivalents70.10245.05233.38237.29296.93
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:6.05%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.8%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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