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

CVR number: 35394559
Storegade 43, Borris 6900 Skjern

Company information

Official name
LINDVIG VVS A/S
Personnel
21 persons
Established
2013
Domicile
Borris
Company form
Limited company
Industry

About LINDVIG VVS A/S

LINDVIG VVS A/S (CVR number: 35394559) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 12.8 mDKK in 2024. The operating profit was 2641.5 kDKK, while net earnings were 1839 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.2 %, which can be considered excellent and Return on Equity (ROE) was 40.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. LINDVIG VVS A/S's liquidity measured by quick ratio was 0.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 984.078 401.478 904.4511 001.6112 783.68
EBIT859.602 338.352 199.943 209.042 641.53
Net earnings619.091 745.721 557.342 369.451 838.99
Shareholders equity total1 577.502 965.593 272.934 642.384 481.37
Balance sheet total (assets)5 574.398 238.2410 957.3611 384.0014 747.19
Net debt1 009.141 270.153 649.39520.193 110.48
Profitability
EBIT-%
ROA17.4 %33.9 %22.9 %28.8 %20.2 %
ROE39.5 %76.9 %49.9 %59.9 %40.3 %
ROI30.9 %55.1 %32.7 %42.0 %32.2 %
Economic value added (EVA)612.011 743.651 562.302 336.981 833.64
Solvency
Equity ratio28.3 %36.0 %29.9 %40.8 %30.4 %
Gearing64.6 %43.2 %113.6 %16.7 %69.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.80.60.70.5
Current ratio1.41.61.41.71.4
Cash and cash equivalents9.5510.7667.05257.0311.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:20.2%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.4%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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