VEJEN VVS-SERVICE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VEJEN VVS-SERVICE HOLDING ApS
VEJEN VVS-SERVICE HOLDING ApS (CVR number: 32449042) is a company from VEJEN. The company reported a net sales of 1.6 mDKK in 2023, demonstrating a growth of 31.8 % compared to the previous year. The operating profit percentage was at 99.1 % (EBIT: 1.6 mDKK), while net earnings were 1915.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 24.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. VEJEN VVS-SERVICE HOLDING ApS's liquidity measured by quick ratio was 9.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 301.00 | 932.00 | 1 245.00 | 1 640.87 | |
Gross profit | -8.00 | 290.00 | 924.00 | 1 229.00 | 1 625.73 |
EBIT | -8.00 | 290.00 | 924.00 | 1 229.00 | 1 625.73 |
Net earnings | 563.00 | 279.00 | 980.00 | 1 055.00 | 1 915.40 |
Shareholders equity total | 5 259.00 | 5 359.00 | 6 338.00 | 7 084.00 | 8 680.81 |
Balance sheet total (assets) | 5 543.00 | 5 691.00 | 6 807.00 | 7 274.00 | 9 363.36 |
Net debt | -1 080.00 | -1 578.00 | -1 581.00 | -1 577.00 | -1 668.50 |
Profitability | |||||
EBIT-% | 96.3 % | 99.1 % | 98.7 % | 99.1 % | |
ROA | 10.9 % | 5.2 % | 16.1 % | 18.2 % | 24.1 % |
ROE | 11.1 % | 5.3 % | 16.8 % | 15.7 % | 24.3 % |
ROI | 11.0 % | 5.3 % | 16.6 % | 18.8 % | 25.4 % |
Economic value added (EVA) | - 254.94 | 21.36 | 632.64 | 961.44 | 1 204.39 |
Solvency | |||||
Equity ratio | 94.9 % | 94.2 % | 93.1 % | 97.4 % | 92.7 % |
Gearing | 3.3 % | 3.0 % | 3.6 % | ||
Relative net indebtedness % | -467.8 % | -143.9 % | -111.4 % | -60.1 % | |
Liquidity | |||||
Quick ratio | 5.0 | 5.7 | 4.4 | 25.8 | 9.7 |
Current ratio | 5.0 | 5.7 | 4.4 | 25.8 | 9.7 |
Cash and cash equivalents | 1 251.00 | 1 740.00 | 1 810.00 | 1 577.00 | 1 668.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 517.3 % | -18.2 % | 253.8 % | 260.9 % | |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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