FINLOW VVS A/S — Credit Rating and Financial Key Figures

CVR number: 17284509
Hornevej 13, 2770 Kastrup
tel: 32514559

Credit rating

Company information

Official name
FINLOW VVS A/S
Personnel
33 persons
Established
1993
Company form
Limited company
Industry

About FINLOW VVS A/S

FINLOW VVS A/S (CVR number: 17284509) is a company from TÅRNBY. The company recorded a gross profit of 11.7 mDKK in 2023. The operating profit was -627.4 kDKK, while net earnings were -727.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.8 %, which can be considered poor and Return on Equity (ROE) was -31.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. FINLOW VVS A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit13 072.6912 115.9912 811.3613 288.2511 741.16
EBIT1 436.141 059.561 903.311 105.53- 627.37
Net earnings1 025.10795.511 429.29798.52- 727.56
Shareholders equity total1 737.221 832.732 712.022 960.541 682.98
Balance sheet total (assets)10 149.689 166.948 783.708 345.348 933.15
Net debt-1 859.20-1 958.86500.40- 589.07635.45
Profitability
EBIT-%
ROA15.4 %11.5 %21.7 %13.4 %-6.8 %
ROE76.0 %44.6 %62.9 %28.2 %-31.3 %
ROI49.0 %35.1 %61.4 %36.5 %-21.8 %
Economic value added (EVA)1 032.51837.331 469.56680.85- 765.09
Solvency
Equity ratio17.1 %20.8 %31.3 %35.5 %18.8 %
Gearing38.2 %22.8 %21.2 %1.0 %44.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.20.90.6
Current ratio1.31.41.71.71.3
Cash and cash equivalents2 522.632 376.2775.70618.69114.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-6.85%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.8%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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