Schøwing VVS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Schøwing VVS ApS
Schøwing VVS ApS (CVR number: 40446494) is a company from AABENRAA. The company recorded a gross profit of -6.4 kDKK in 2023. The operating profit was -6.4 kDKK, while net earnings were -8.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.2 %, which can be considered poor and Return on Equity (ROE) was -19.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.4 %, 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. Schøwing VVS ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 224.22 | -31.94 | -5.83 | -6.61 | -6.42 |
EBIT | 45.81 | -32.30 | -5.83 | -6.61 | -6.42 |
Net earnings | 41.23 | -25.27 | -5.99 | -5.26 | -8.77 |
Shareholders equity total | 86.19 | 60.91 | 54.93 | 49.67 | 40.90 |
Balance sheet total (assets) | 139.73 | 125.57 | 121.20 | 123.45 | 122.41 |
Net debt | -30.47 | -9.17 | 48.00 | 61.50 | 71.63 |
Profitability | |||||
EBIT-% | |||||
ROA | 38.0 % | -24.3 % | -4.7 % | -5.4 % | -5.2 % |
ROE | 47.8 % | -34.4 % | -10.3 % | -10.0 % | -19.4 % |
ROI | 61.6 % | -43.9 % | -7.0 % | -6.1 % | -5.7 % |
Economic value added (EVA) | 35.74 | -27.99 | -7.14 | -6.59 | -8.69 |
Solvency | |||||
Equity ratio | 61.7 % | 48.5 % | 45.3 % | 40.2 % | 33.4 % |
Gearing | 90.4 % | 124.0 % | 175.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 1.9 | 1.8 | 1.7 | 1.5 |
Current ratio | 2.6 | 1.9 | 1.8 | 1.7 | 1.5 |
Cash and cash equivalents | 30.47 | 9.17 | 1.66 | 0.09 | 0.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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