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

CVR number: 26104874
Ternevej 53, 8700 Horsens
tel: 75640580

Credit rating

Company information

Official name
DEVANTIER VVS A/S
Personnel
1 person
Established
2001
Company form
Limited company
Industry
  • Expand more icon43Specialised construction activities

About DEVANTIER VVS A/S

DEVANTIER VVS A/S (CVR number: 26104874) is a company from HORSENS. The company recorded a gross profit of 851.3 kDKK in 2024. The operating profit was 271.3 kDKK, while net earnings were 225.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.4 %, which can be considered excellent and Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.6 %, 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. DEVANTIER VVS A/S's liquidity measured by quick ratio was 3.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit929.541 339.611 385.471 921.22851.31
EBIT201.78560.98599.50996.53271.25
Net earnings155.94434.14465.75777.94225.72
Shareholders equity total1 291.571 225.721 191.471 469.41995.13
Balance sheet total (assets)1 887.911 828.601 865.042 379.211 389.08
Net debt- 466.77- 425.3211.84-1 331.06- 852.71
Profitability
EBIT-%
ROA10.0 %30.3 %32.7 %47.0 %15.4 %
ROE10.7 %34.5 %38.5 %58.5 %18.3 %
ROI13.7 %44.0 %45.9 %69.8 %23.5 %
Economic value added (EVA)147.07396.03427.39725.66203.58
Solvency
Equity ratio68.4 %67.0 %63.9 %61.8 %71.6 %
Gearing15.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.72.52.53.3
Current ratio3.02.92.72.63.5
Cash and cash equivalents466.77425.32169.621 331.06852.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:15.4%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.6%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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