DANSK VARME SERVICE A/S

CVR number: 29849994
Gefionsvej 7, 3400 Hillerød
gf@danskvarmeservice.dk
tel: 70109800

Credit rating

Company information

Official name
DANSK VARME SERVICE A/S
Personnel
16 persons
Established
2006
Company form
Limited company
Industry
  • Expand more icon43Specialised construction activities

About DANSK VARME SERVICE A/S

DANSK VARME SERVICE A/S (CVR number: 29849994) is a company from HILLERØD. The company recorded a gross profit of 28 mDKK in 2022. The operating profit was -9096 kDKK, while net earnings were -7170 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.8 %, which can be considered poor and Return on Equity (ROE) was -11.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -1.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DANSK VARME SERVICE A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit24 148.0024 397.0021 425.0027 997.00
EBIT2 690.003 196.002 666.00-9 096.00
Net earnings2 003.002 504.002 051.00-7 170.00
Shareholders equity total8 203.008 704.008 251.00- 970.00
Balance sheet total (assets)20 608.0021 523.0024 707.0064 764.00
Net debt4 778.00-1 460.00-2 769.0026 637.00
Profitability
EBIT-%
ROA13.6 %15.4 %11.7 %-13.8 %
ROE24.8 %29.6 %24.2 %-11.1 %
ROI19.8 %25.6 %26.0 %-33.9 %
Economic value added (EVA)1 567.912 065.521 831.72- 274.42-7 137.05
Solvency
Equity ratio39.8 %40.4 %33.4 %-1.5 %
Gearing58.6 %33.6 %0.3 %-2746.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.80.90.4
Current ratio1.11.31.31.0
Cash and cash equivalents32.004 386.002 790.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAB

Variable visualization

ROA:-13.8%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-1.48%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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