RENE'S VVS A/S — Credit Rating and Financial Key Figures

CVR number: 26102812
Danmarksvej 29 B, 2800 Kgs.Lyngby
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Credit rating

Company information

Official name
RENE'S VVS A/S
Personnel
5 persons
Established
2001
Company form
Limited company
Industry

About RENE'S VVS A/S

RENE'S VVS A/S (CVR number: 26102812) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 3722.4 kDKK in 2024. The operating profit was 918.1 kDKK, while net earnings were 729.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.1 %, which can be considered excellent and Return on Equity (ROE) was 21.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.5 %, 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. RENE'S VVS A/S's liquidity measured by quick ratio was 2.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 427.234 807.184 254.553 987.643 722.36
EBIT3 637.712 073.441 715.641 165.73918.08
Net earnings2 842.241 616.371 351.20945.55729.29
Shareholders equity total5 771.774 588.134 389.334 034.882 764.17
Balance sheet total (assets)8 772.426 186.305 833.785 466.814 355.03
Net debt-4 398.64-2 767.67-1 361.10-2 178.52-1 152.56
Profitability
EBIT-%
ROA47.7 %28.1 %29.2 %21.5 %19.1 %
ROE55.7 %31.2 %30.1 %22.4 %21.5 %
ROI71.6 %40.4 %39.0 %28.9 %26.2 %
Economic value added (EVA)2 611.961 324.401 103.67684.68512.46
Solvency
Equity ratio65.8 %74.2 %75.2 %73.8 %63.5 %
Gearing12.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.63.53.53.42.4
Current ratio2.73.63.83.72.6
Cash and cash equivalents4 398.642 767.671 361.102 178.521 503.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:19.1%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.5%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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