VRIDSLØSE SOLVARME ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VRIDSLØSE SOLVARME ApS
VRIDSLØSE SOLVARME ApS (CVR number: 21639370) is a company from NÆSTVED. The company recorded a gross profit of 881.8 kDKK in 2024. The operating profit was -215.7 kDKK, while net earnings were -177.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.1 %, which can be considered poor and Return on Equity (ROE) was -55 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.8 %, 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. VRIDSLØSE SOLVARME ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 070.16 | 1 089.87 | 1 002.38 | 1 214.40 | 881.80 |
EBIT | -54.59 | 31.87 | - 148.95 | 155.10 | - 215.67 |
Net earnings | -47.79 | 17.24 | - 131.15 | 113.36 | - 177.45 |
Shareholders equity total | 411.87 | 429.11 | 297.97 | 411.32 | 233.87 |
Balance sheet total (assets) | 1 316.06 | 1 501.41 | 1 267.69 | 1 194.58 | 1 026.15 |
Net debt | - 242.85 | -72.74 | 468.85 | 303.98 | 239.50 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.2 % | 2.3 % | -10.8 % | 13.6 % | -19.1 % |
ROE | -11.0 % | 4.1 % | -36.1 % | 32.0 % | -55.0 % |
ROI | -10.7 % | 5.0 % | -18.6 % | 21.0 % | -31.0 % |
Economic value added (EVA) | -64.07 | 17.16 | - 120.82 | 107.10 | - 185.91 |
Solvency | |||||
Equity ratio | 31.3 % | 28.6 % | 23.5 % | 34.4 % | 22.8 % |
Gearing | 8.4 % | 65.6 % | 176.4 % | 89.5 % | 150.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 0.9 | 0.6 | 1.0 | 0.5 |
Current ratio | 1.5 | 1.5 | 1.4 | 1.6 | 1.2 |
Cash and cash equivalents | 277.30 | 354.14 | 56.89 | 64.35 | 112.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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