VEJEN VVS-SERVICE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32449042
Dalgas Alle 2 B, 6600 Vejen

Company information

Official name
VEJEN VVS-SERVICE HOLDING ApS
Established
2009
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales301.00932.001 245.001 640.87
Gross profit-8.00290.00924.001 229.001 625.73
EBIT-8.00290.00924.001 229.001 625.73
Net earnings563.00279.00980.001 055.001 915.40
Shareholders equity total5 259.005 359.006 338.007 084.008 680.81
Balance sheet total (assets)5 543.005 691.006 807.007 274.009 363.36
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 %
ROA10.9 %5.2 %16.1 %18.2 %24.1 %
ROE11.1 %5.3 %16.8 %15.7 %24.3 %
ROI11.0 %5.3 %16.6 %18.8 %25.4 %
Economic value added (EVA)- 254.9421.36632.64961.441 204.39
Solvency
Equity ratio94.9 %94.2 %93.1 %97.4 %92.7 %
Gearing3.3 %3.0 %3.6 %
Relative net indebtedness %-467.8 %-143.9 %-111.4 %-60.1 %
Liquidity
Quick ratio5.05.74.425.89.7
Current ratio5.05.74.425.89.7
Cash and cash equivalents1 251.001 740.001 810.001 577.001 668.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %517.3 %-18.2 %253.8 %260.9 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:24.1%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.7%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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