N.O.G VARME OG VVS TEKNIK ApS — Credit Rating and Financial Key Figures

CVR number: 10312108
Grønlunds Alle 18, 2610 Rødovre
michael@nogvvs.dk
tel: 28196040
www.nogvvs.dk

Credit rating

Company information

Official name
N.O.G VARME OG VVS TEKNIK ApS
Personnel
4 persons
Established
1986
Company form
Private limited company
Industry

About N.O.G VARME OG VVS TEKNIK ApS

N.O.G VARME OG VVS TEKNIK ApS (CVR number: 10312108) is a company from RØDOVRE. The company recorded a gross profit of 1994.7 kDKK in 2023. The operating profit was 69.1 kDKK, while net earnings were 51.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 9.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 26.2 %, 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. N.O.G VARME OG VVS TEKNIK ApS's liquidity measured by quick ratio was 1.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 621.591 763.731 721.692 090.931 994.74
EBIT272.10431.40303.09419.0969.08
Net earnings209.44334.80231.38315.9051.25
Shareholders equity total424.91559.72491.10606.99458.25
Balance sheet total (assets)1 123.331 791.701 180.841 446.211 749.18
Net debt- 119.44- 270.64- 406.11- 606.78- 348.76
Profitability
EBIT-%
ROA24.9 %29.6 %20.4 %31.9 %4.3 %
ROE56.6 %68.0 %44.0 %57.5 %9.6 %
ROI57.6 %86.2 %56.7 %75.6 %9.2 %
Economic value added (EVA)203.36319.36219.99315.9353.18
Solvency
Equity ratio37.8 %31.2 %41.6 %42.0 %26.2 %
Gearing90.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.41.71.61.1
Current ratio1.61.41.71.71.1
Cash and cash equivalents119.44270.64406.11606.78761.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.32%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.2%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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