VVS INSTALLATØRFORRETNING NIELS NIELSEN ApS — Credit Rating and Financial Key Figures

CVR number: 87397513
Søndervig Landevej 1, Holmsland 6950 Ringkøbing
tel: 97325700

Credit rating

Company information

Official name
VVS INSTALLATØRFORRETNING NIELS NIELSEN ApS
Personnel
1 person
Established
1979
Domicile
Holmsland
Company form
Private limited company
Industry

About VVS INSTALLATØRFORRETNING NIELS NIELSEN ApS

VVS INSTALLATØRFORRETNING NIELS NIELSEN ApS (CVR number: 87397513) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -158.4 kDKK in 2023. The operating profit was -226.5 kDKK, while net earnings were -257.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.6 %, which can be considered poor and Return on Equity (ROE) was -21.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. VVS INSTALLATØRFORRETNING NIELS NIELSEN 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-74.29343.66-45.98173.97- 158.43
EBIT- 424.80-20.40- 375.9225.55- 226.54
Net earnings- 392.830.78- 314.55-4.09- 257.22
Shareholders equity total1 621.191 621.981 307.421 303.331 046.11
Balance sheet total (assets)2 875.022 722.122 635.482 789.851 928.48
Net debt-77.79-42.506.7417.6145.53
Profitability
EBIT-%
ROA-13.9 %-0.4 %-14.0 %0.9 %-9.6 %
ROE-21.2 %0.0 %-21.5 %-0.3 %-21.9 %
ROI-22.9 %-0.6 %-25.4 %1.9 %-18.8 %
Economic value added (EVA)- 447.47-92.04- 371.92-48.46- 291.95
Solvency
Equity ratio56.4 %59.6 %49.6 %46.7 %54.2 %
Gearing1.5 %0.6 %1.5 %4.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.61.31.21.3
Current ratio1.82.01.61.51.5
Cash and cash equivalents77.7966.231.491.641.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-9.60%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.2%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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