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Øresund VVS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Øresund VVS ApS
Øresund VVS ApS (CVR number: 41380764) is a company from TÅRNBY. The company recorded a gross profit of 2806.4 kDKK in 2024. The operating profit was -558.1 kDKK, while net earnings were -469.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35 %, which can be considered poor and Return on Equity (ROE) was -81.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.7 %, 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. Øresund VVS 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 1 825.22 | 3 152.51 | 3 410.19 | 3 299.03 | 2 806.38 |
| EBIT | 508.30 | 287.78 | 26.90 | 460.58 | - 558.13 |
| Net earnings | 392.67 | 215.17 | 13.42 | 359.37 | - 469.78 |
| Shareholders equity total | 541.19 | 456.36 | 469.78 | 829.15 | 319.37 |
| Balance sheet total (assets) | 1 415.02 | 1 159.34 | 1 747.13 | 1 725.58 | 1 406.06 |
| Net debt | - 404.23 | - 116.46 | - 417.50 | -1 060.41 | - 513.11 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 35.9 % | 22.4 % | 2.0 % | 26.9 % | -35.0 % |
| ROE | 72.6 % | 43.1 % | 2.9 % | 55.3 % | -81.8 % |
| ROI | 93.9 % | 57.9 % | 6.3 % | 72.0 % | -95.4 % |
| Economic value added (EVA) | 393.49 | 189.20 | -3.84 | 331.43 | - 512.88 |
| Solvency | |||||
| Equity ratio | 38.2 % | 39.4 % | 26.9 % | 48.1 % | 22.7 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.6 | 2.1 | 1.3 | 2.1 | 1.3 |
| Current ratio | 1.6 | 2.1 | 1.4 | 2.2 | 1.3 |
| Cash and cash equivalents | 404.23 | 116.46 | 417.50 | 1 060.41 | 513.11 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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