T.H.'S VVS OG BLIK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T.H.'S VVS OG BLIK ApS
T.H.'S VVS OG BLIK ApS (CVR number: 31258669) is a company from AABENRAA. The company recorded a gross profit of -21.7 kDKK in 2024. The operating profit was -77.2 kDKK, while net earnings were -71 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.5 %, which can be considered poor and Return on Equity (ROE) was -12.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.7 %, 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. T.H.'S VVS OG BLIK ApS's liquidity measured by quick ratio was 2.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 817.47 | 961.98 | |||
Gross profit | 339.11 | 251.30 | -16.65 | 79.86 | -21.66 |
EBIT | 9.76 | 172.70 | -27.53 | 25.69 | -77.20 |
Net earnings | 24.13 | 172.52 | -9.16 | -85.08 | -71.02 |
Shareholders equity total | 513.20 | 685.72 | 676.55 | 591.47 | 520.45 |
Balance sheet total (assets) | 893.22 | 1 036.70 | 1 076.31 | 953.98 | 678.28 |
Net debt | 105.25 | -71.51 | 188.03 | 224.60 | 46.55 |
Profitability | |||||
EBIT-% | 21.1 % | -2.9 % | |||
ROA | 1.1 % | 18.0 % | -2.6 % | 2.5 % | -9.5 % |
ROE | 4.8 % | 28.8 % | -1.3 % | -13.4 % | -12.8 % |
ROI | 1.3 % | 21.7 % | -2.9 % | 2.7 % | -10.2 % |
Economic value added (EVA) | -28.33 | 134.18 | -62.24 | -31.65 | - 115.27 |
Solvency | |||||
Equity ratio | 57.5 % | 66.1 % | 62.9 % | 62.0 % | 76.7 % |
Gearing | 46.7 % | 23.9 % | 46.8 % | 48.9 % | 22.4 % |
Relative net indebtedness % | 14.1 % | 28.2 % | |||
Liquidity | |||||
Quick ratio | 1.8 | 2.1 | 1.8 | 1.9 | 2.8 |
Current ratio | 2.1 | 2.7 | 2.2 | 2.1 | 3.3 |
Cash and cash equivalents | 134.30 | 235.35 | 128.32 | 64.57 | 70.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 158.0 | 155.3 | |||
Net working capital % | 72.7 % | 50.0 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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