Michael Søby Autoriseret VVS Installatør ApS — Credit Rating and Financial Key Figures

CVR number: 38897780
Mustrupvej 187, 8320 Mårslet
tel: 29260718

Company information

Official name
Michael Søby Autoriseret VVS Installatør ApS
Personnel
10 persons
Established
2017
Company form
Private limited company
Industry

About Michael Søby Autoriseret VVS Installatør ApS

Michael Søby Autoriseret VVS Installatør ApS (CVR number: 38897780) is a company from AARHUS. The company recorded a gross profit of 5880.4 kDKK in 2024. The operating profit was 1430.8 kDKK, while net earnings were 1191.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.4 %, which can be considered excellent and Return on Equity (ROE) was 23 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Michael Søby Autoriseret VVS Installatør ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit4 057.684 876.735 757.536 212.675 880.45
EBIT2 094.931 637.821 607.291 493.421 430.83
Net earnings1 626.801 273.811 245.411 189.311 191.31
Shareholders equity total3 720.244 937.556 125.767 255.903 086.20
Balance sheet total (assets)5 355.786 287.167 753.738 997.409 508.24
Net debt-1 329.71- 617.46-2 561.60-3 167.67- 528.61
Profitability
EBIT-%
ROA47.6 %28.4 %23.2 %18.5 %17.4 %
ROE55.4 %29.4 %22.5 %17.8 %23.0 %
ROI68.7 %37.1 %28.8 %22.6 %21.0 %
Economic value added (EVA)1 515.651 082.10993.84843.58732.24
Solvency
Equity ratio69.5 %78.5 %79.0 %80.6 %32.5 %
Gearing0.0 %0.0 %0.0 %0.1 %158.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.54.14.55.01.4
Current ratio3.54.14.65.01.4
Cash and cash equivalents1 330.48618.242 561.963 178.525 405.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:17.4%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.5%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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