VVS INSTALLATØRFORRETNING NIELS NIELSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -74.29 | 343.66 | -45.98 | 173.97 | - 158.43 |
EBIT | - 424.80 | -20.40 | - 375.92 | 25.55 | - 226.54 |
Net earnings | - 392.83 | 0.78 | - 314.55 | -4.09 | - 257.22 |
Shareholders equity total | 1 621.19 | 1 621.98 | 1 307.42 | 1 303.33 | 1 046.11 |
Balance sheet total (assets) | 2 875.02 | 2 722.12 | 2 635.48 | 2 789.85 | 1 928.48 |
Net debt | -77.79 | -42.50 | 6.74 | 17.61 | 45.53 |
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 ratio | 56.4 % | 59.6 % | 49.6 % | 46.7 % | 54.2 % |
Gearing | 1.5 % | 0.6 % | 1.5 % | 4.5 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.6 | 1.3 | 1.2 | 1.3 |
Current ratio | 1.8 | 2.0 | 1.6 | 1.5 | 1.5 |
Cash and cash equivalents | 77.79 | 66.23 | 1.49 | 1.64 | 1.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BBB |
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