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Lars Hinge VVS ApS — Credit Rating and Financial Key Figures

CVR number: 41400404
Krajbjergvej 5, Vorre 8541 Skødstrup
tel: 40252504
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Credit rating

Company information

Official name
Lars Hinge VVS ApS
Personnel
1 person
Established
2020
Domicile
Vorre
Company form
Private limited company
Industry

About Lars Hinge VVS ApS

Lars Hinge VVS ApS (CVR number: 41400404) is a company from AARHUS. The company recorded a gross profit of 517.4 kDKK in 2024. The operating profit was -8.3 kDKK, while net earnings were -8.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.2 %, 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. Lars Hinge VVS ApS's liquidity measured by quick ratio was 2.1 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 profit474.63538.24577.13519.04517.35
EBIT95.4691.13110.0329.96-8.34
Net earnings70.5666.6481.1626.83-8.63
Shareholders equity total110.56177.20258.36285.19276.56
Balance sheet total (assets)439.04263.92461.19476.68467.09
Net debt25.79- 137.46- 328.50- 158.28- 114.22
Profitability
EBIT-%
ROA21.7 %25.9 %30.3 %6.5 %-1.8 %
ROE63.8 %46.3 %37.3 %9.9 %-3.1 %
ROI59.3 %52.1 %48.0 %10.7 %-2.9 %
Economic value added (EVA)73.6160.0172.8713.00-21.97
Solvency
Equity ratio25.2 %67.1 %56.0 %59.8 %59.2 %
Gearing45.6 %6.4 %4.4 %4.0 %4.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.22.82.62.42.1
Current ratio1.22.82.62.82.5
Cash and cash equivalents24.65148.84339.88169.66125.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-1.77%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.2%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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