AUT. VVS-INSTALLATØR MORTEN LYHNE OLESEN ApS — Credit Rating and Financial Key Figures

CVR number: 33047622
Hadsundvej 129, 9000 Aalborg

Company information

Official name
AUT. VVS-INSTALLATØR MORTEN LYHNE OLESEN ApS
Personnel
9 persons
Established
2010
Company form
Private limited company
Industry

About AUT. VVS-INSTALLATØR MORTEN LYHNE OLESEN ApS

AUT. VVS-INSTALLATØR MORTEN LYHNE OLESEN ApS (CVR number: 33047622) is a company from AALBORG. The company recorded a gross profit of 6409.7 kDKK in 2023. The operating profit was 2080.3 kDKK, while net earnings were 1652.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.2 %, which can be considered excellent and Return on Equity (ROE) was 30.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.7 %, 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. AUT. VVS-INSTALLATØR MORTEN LYHNE OLESEN ApS's liquidity measured by quick ratio was 6 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 profit4 398.026 016.985 681.376 617.896 409.69
EBIT938.212 050.201 406.701 460.392 080.26
Net earnings711.521 571.471 128.101 148.881 652.47
Shareholders equity total1 376.182 247.653 375.744 524.626 177.10
Balance sheet total (assets)4 555.165 697.755 737.137 674.937 946.37
Net debt-2 448.00-2 946.76-3 259.79-4 441.76-2 060.36
Profitability
EBIT-%
ROA22.4 %40.0 %25.5 %22.0 %27.2 %
ROE41.4 %86.7 %40.1 %29.1 %30.9 %
ROI40.0 %78.7 %45.3 %37.4 %39.8 %
Economic value added (EVA)725.711 690.751 171.461 129.541 612.41
Solvency
Equity ratio30.2 %39.4 %58.8 %59.0 %77.7 %
Gearing54.7 %36.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.12.72.76.0
Current ratio1.92.12.72.76.0
Cash and cash equivalents3 201.283 777.233 259.794 441.762 060.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:27.2%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.7%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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