KÆRSGAARD VVS ApS — Credit Rating and Financial Key Figures

CVR number: 29624844
Trekanten 4, 4250 Fuglebjerg

Company information

Official name
KÆRSGAARD VVS ApS
Personnel
28 persons
Established
2006
Company form
Private limited company
Industry

About KÆRSGAARD VVS ApS

KÆRSGAARD VVS ApS (CVR number: 29624844) is a company from NÆSTVED. The company recorded a gross profit of 11.1 mDKK in 2023. The operating profit was 597.2 kDKK, while net earnings were 629 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49 %, 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. KÆRSGAARD VVS ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit8 296.098 800.819 343.0510 752.5911 081.86
EBIT590.07577.37881.761 037.77597.22
Net earnings502.37522.81753.03919.55628.97
Shareholders equity total5 212.965 435.785 888.816 208.366 087.34
Balance sheet total (assets)12 330.5112 379.2411 743.0113 011.0712 432.31
Net debt1 764.732 195.032 823.242 507.432 188.02
Profitability
EBIT-%
ROA6.0 %5.8 %8.4 %9.7 %6.4 %
ROE9.8 %9.8 %13.3 %15.2 %10.2 %
ROI8.2 %8.0 %11.1 %13.2 %8.8 %
Economic value added (EVA)160.37224.78449.31521.24183.89
Solvency
Equity ratio42.3 %43.9 %50.1 %47.7 %49.0 %
Gearing59.6 %57.9 %48.7 %41.3 %46.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.00.71.01.0
Current ratio1.31.31.51.51.6
Cash and cash equivalents1 344.43950.8844.1655.94618.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:6.41%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.0%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer

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