FUNDER EL-VVS SERVICE A/S — Credit Rating and Financial Key Figures

CVR number: 74071228
Drejergårdsvej 2, 8600 Silkeborg
funder-el@mail.dk
tel: 86851200

Credit rating

Company information

Official name
FUNDER EL-VVS SERVICE A/S
Personnel
23 persons
Established
1985
Company form
Limited company
Industry

About FUNDER EL-VVS SERVICE A/S

FUNDER EL-VVS SERVICE A/S (CVR number: 74071228) is a company from SILKEBORG. The company recorded a gross profit of 11.7 mDKK in 2023. The operating profit was 1374.3 kDKK, while net earnings were 899.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good but Return on Equity (ROE) was 31.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.7 %, 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. FUNDER EL-VVS SERVICE A/S's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit9 031.5610 301.2910 161.269 829.7311 685.61
EBIT1 321.421 080.68570.44331.921 374.30
Net earnings939.91749.10394.5644.71899.78
Shareholders equity total2 227.372 976.472 371.032 415.743 315.51
Balance sheet total (assets)8 943.8310 975.7810 544.1911 861.4312 423.39
Net debt- 573.59787.082 897.044 408.582 881.46
Profitability
EBIT-%
ROA16.4 %11.1 %5.6 %3.5 %12.1 %
ROE53.5 %28.8 %14.8 %1.9 %31.4 %
ROI29.5 %22.1 %11.1 %6.0 %21.5 %
Economic value added (EVA)907.89766.69307.2366.43918.71
Solvency
Equity ratio24.9 %27.2 %23.4 %20.8 %26.7 %
Gearing49.8 %64.3 %123.0 %182.7 %87.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.21.11.01.2
Current ratio1.61.41.21.21.3
Cash and cash equivalents1 682.371 126.7720.335.007.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:12.1%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.7%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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