SKANDINAVISK VVS TEKNIK ApS — Credit Rating and Financial Key Figures

SKANDINAVISK VVS TEKNIK ApS (CVR number: 31157218) is a company from NÆSTVED. The company recorded a gross profit of 241.1 kDKK in 2023. The operating profit was 190.2 kDKK, while net earnings were 53.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 23.1 %, 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. SKANDINAVISK VVS TEKNIK ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.