AUT. VVS-INSTALLATØR BENT NIELSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About AUT. VVS-INSTALLATØR BENT NIELSEN ApS
AUT. VVS-INSTALLATØR BENT NIELSEN ApS (CVR number: 17429698) is a company from SKIVE. The company reported a net sales of 6 mDKK in 2024, demonstrating a decline of -14.3 % compared to the previous year. The operating profit percentage was poor at -2.6 % (EBIT: -0.2 mDKK), while net earnings were -150.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor and Return on Equity (ROE) was -5.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.8 %, 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. AUT. VVS-INSTALLATØR BENT NIELSEN 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 7 014.66 | 6 011.72 | |||
| Gross profit | 2 371.37 | 2 161.28 | 2 538.65 | 3 243.69 | 2 759.96 |
| EBIT | 405.57 | 9.13 | 145.40 | 366.15 | - 157.37 |
| Net earnings | 299.77 | -22.13 | 63.45 | 212.78 | - 150.65 |
| Shareholders equity total | 2 826.27 | 2 554.14 | 2 617.59 | 2 830.37 | 2 679.72 |
| Balance sheet total (assets) | 4 090.44 | 4 168.61 | 4 551.75 | 4 310.79 | 3 840.11 |
| Net debt | 529.67 | 1 088.05 | 1 460.44 | 741.10 | 295.34 |
| Profitability | |||||
| EBIT-% | 5.2 % | -2.6 % | |||
| ROA | 10.1 % | 0.4 % | 3.4 % | 8.5 % | -3.5 % |
| ROE | 11.2 % | -0.8 % | 2.5 % | 7.8 % | -5.5 % |
| ROI | 12.0 % | 0.4 % | 3.9 % | 9.8 % | -4.3 % |
| Economic value added (EVA) | 131.64 | - 163.40 | -65.86 | 71.31 | - 303.05 |
| Solvency | |||||
| Equity ratio | 69.1 % | 61.3 % | 57.5 % | 65.7 % | 69.8 % |
| Gearing | 19.5 % | 43.4 % | 56.6 % | 27.1 % | 12.0 % |
| Relative net indebtedness % | 20.7 % | 18.9 % | |||
| Liquidity | |||||
| Quick ratio | 2.7 | 2.1 | 1.8 | 2.4 | 2.2 |
| Current ratio | 3.5 | 2.6 | 2.3 | 3.0 | 3.3 |
| Cash and cash equivalents | 20.23 | 21.00 | 22.30 | 26.82 | 26.88 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 16.9 | 25.6 | |||
| Net working capital % | 40.4 % | 43.8 % | |||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | BBB |
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