VVS FIRMAET LARSEN & JØRGENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 17604783
Herstedvestervej 2, 2620 Albertslund
tel: 43645342

Credit rating

Company information

Official name
VVS FIRMAET LARSEN & JØRGENSEN ApS
Personnel
5 persons
Established
1994
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About VVS FIRMAET LARSEN & JØRGENSEN ApS

VVS FIRMAET LARSEN & JØRGENSEN ApS (CVR number: 17604783) is a company from ALBERTSLUND. The company recorded a gross profit of 2737.3 kDKK in 2024. The operating profit was -66.7 kDKK, while net earnings were -53.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.5 %, 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. VVS FIRMAET LARSEN & JØRGENSEN ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit3 001.112 704.102 742.162 415.382 737.35
EBIT293.2137.10153.4196.03-66.72
Net earnings229.1328.35120.7474.33-53.74
Shareholders equity total1 892.211 811.551 632.291 706.621 652.88
Balance sheet total (assets)3 304.572 859.352 997.872 852.122 562.35
Net debt- 526.26- 139.94- 382.22- 308.30- 352.03
Profitability
EBIT-%
ROA9.1 %1.2 %5.3 %3.3 %-2.5 %
ROE12.5 %1.5 %7.0 %4.5 %-3.2 %
ROI14.1 %1.8 %8.0 %5.1 %-3.6 %
Economic value added (EVA)179.63-39.7036.41-2.82- 122.12
Solvency
Equity ratio58.8 %63.4 %54.4 %59.8 %64.5 %
Gearing1.0 %0.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.80.70.90.9
Current ratio0.90.90.81.01.0
Cash and cash equivalents526.26157.69396.93308.30352.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-2.46%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.5%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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