Knudsen VVS ApS — Credit Rating and Financial Key Figures

CVR number: 40077898
Golfsvinget 14, 9900 Frederikshavn

Credit rating

Company information

Official name
Knudsen VVS ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Knudsen VVS ApS

Knudsen VVS ApS (CVR number: 40077898) is a company from FREDERIKSHAVN. The company recorded a gross profit of 887.2 kDKK in 2024. The operating profit was 239.6 kDKK, while net earnings were 180.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31 %, which can be considered excellent and Return on Equity (ROE) was 39.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.2 %, 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. Knudsen VVS ApS's liquidity measured by quick ratio was 2.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit575.75620.08687.66838.65887.25
EBIT109.29163.54177.83223.79239.65
Net earnings75.78121.41130.94171.92180.57
Shareholders equity total221.10342.51373.45427.57486.14
Balance sheet total (assets)607.78730.88744.91786.59766.61
Net debt- 306.73- 418.31- 315.30- 421.71- 476.03
Profitability
EBIT-%
ROA21.1 %24.4 %24.1 %29.3 %31.0 %
ROE41.4 %43.1 %36.6 %42.9 %39.5 %
ROI59.7 %58.0 %49.4 %55.4 %52.3 %
Economic value added (EVA)87.34131.82141.37170.75180.98
Solvency
Equity ratio36.4 %46.9 %50.1 %57.8 %64.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.41.71.41.92.2
Current ratio1.61.91.82.02.6
Cash and cash equivalents306.73418.31315.30421.71476.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:31.0%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.2%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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