SVEND J. SCHMIDT VVS-INSTALLATØRFORRETNING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SVEND J. SCHMIDT VVS-INSTALLATØRFORRETNING ApS
SVEND J. SCHMIDT VVS-INSTALLATØRFORRETNING ApS (CVR number: 73525519) is a company from ESBJERG. The company recorded a gross profit of 2779.8 kDKK in 2023. The operating profit was -35.3 kDKK, while net earnings were -52 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -5.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.2 %, 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. SVEND J. SCHMIDT VVS-INSTALLATØRFORRETNING ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 964.85 | 2 651.68 | 2 701.94 | 2 540.11 | 2 779.84 |
EBIT | -48.77 | 437.56 | 286.06 | 169.87 | -35.25 |
Net earnings | -40.73 | 243.85 | 198.71 | 101.59 | -51.97 |
Shareholders equity total | 658.84 | 902.69 | 1 101.40 | 1 052.99 | 801.02 |
Balance sheet total (assets) | 3 218.52 | 3 088.03 | 3 317.00 | 3 075.14 | 3 057.17 |
Net debt | 939.03 | 511.85 | 761.24 | 744.46 | 906.11 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.4 % | 14.0 % | 9.1 % | 5.4 % | -0.3 % |
ROE | -6.0 % | 31.2 % | 19.8 % | 9.4 % | -5.6 % |
ROI | -0.6 % | 22.5 % | 13.1 % | 7.8 % | -0.5 % |
Economic value added (EVA) | - 118.49 | 188.89 | 154.49 | 39.88 | - 118.25 |
Solvency | |||||
Equity ratio | 20.5 % | 29.2 % | 33.2 % | 34.2 % | 26.2 % |
Gearing | 142.5 % | 98.4 % | 75.8 % | 72.8 % | 113.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.9 | 2.0 | 2.0 | 1.3 |
Current ratio | 1.3 | 2.0 | 2.2 | 2.2 | 1.4 |
Cash and cash equivalents | 376.71 | 73.08 | 22.02 | 3.75 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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