DAN RASMUSSEN VVS HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 10142415
Thorsbrovej 20 D, Reerslev 2640 Hedehusene
tel: 36723001

Credit rating

Company information

Official name
DAN RASMUSSEN VVS HOLDING ApS
Established
2003
Domicile
Reerslev
Company form
Private limited company
Industry

About DAN RASMUSSEN VVS HOLDING ApS

DAN RASMUSSEN VVS HOLDING ApS (CVR number: 10142415) is a company from ISHØJ. The company recorded a gross profit of 43.3 kDKK in 2023. The operating profit was 12.4 kDKK, while net earnings were 239.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent and Return on Equity (ROE) was 7.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 66.8 %, 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. DAN RASMUSSEN VVS HOLDING ApS's liquidity measured by quick ratio was 16.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-12.98-3.3843.5745.3843.34
EBIT-23.24-34.1511.6911.9512.40
Net earnings345.40142.43190.88- 404.61239.71
Shareholders equity total3 426.593 458.433 536.303 017.293 139.21
Balance sheet total (assets)4 980.325 083.615 063.094 480.794 698.08
Net debt167.17281.52177.80347.66339.86
Profitability
EBIT-%
ROA9.6 %3.3 %4.7 %-4.0 %5.9 %
ROE10.4 %4.1 %5.5 %-12.3 %7.8 %
ROI9.8 %3.4 %4.8 %-4.0 %5.9 %
Economic value added (EVA)- 178.31- 274.96- 238.72- 237.28- 212.76
Solvency
Equity ratio68.8 %68.0 %69.8 %67.3 %66.8 %
Gearing42.0 %41.6 %40.7 %47.7 %48.6 %
Relative net indebtedness %
Liquidity
Quick ratio15.410.722.678.016.3
Current ratio15.410.722.678.016.3
Cash and cash equivalents1 272.831 158.481 262.191 092.341 186.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:5.89%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.8%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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