V. Hornum Smede & VVS ApS — Credit Rating and Financial Key Figures

CVR number: 39154129
Risevej 1, V Hornum 9640 Farsø
kontor@vhvvs.dk
tel: 98663068
Vhvvs.dk

Credit rating

Company information

Official name
V. Hornum Smede & VVS ApS
Personnel
7 persons
Established
2017
Domicile
V Hornum
Company form
Private limited company
Industry

About V. Hornum Smede & VVS ApS

V. Hornum Smede & VVS ApS (CVR number: 39154129) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 3060.9 kDKK in 2024. The operating profit was 444.2 kDKK, while net earnings were 205.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.4 %, which can be considered excellent and Return on Equity (ROE) was 22.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 3.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. V. Hornum Smede & VVS ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit2 345.142 051.412 257.003 079.593 060.94
EBIT-11.89- 294.48115.60162.85444.20
Net earnings-20.00- 336.3431.9093.30205.74
Shareholders equity total65.90- 270.44- 238.53- 145.2360.51
Balance sheet total (assets)2 324.181 887.961 917.851 765.811 934.23
Net debt573.89271.48463.20631.06763.68
Profitability
EBIT-%
ROA0.7 %-13.1 %5.7 %8.1 %23.4 %
ROE-26.4 %-34.4 %1.7 %5.1 %22.5 %
ROI1.7 %-48.0 %26.6 %26.8 %57.4 %
Economic value added (EVA)-44.60- 319.7476.86110.25242.71
Solvency
Equity ratio2.8 %-12.5 %-11.1 %-7.6 %3.1 %
Gearing897.8 %-100.9 %-194.2 %-435.4 %1268.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.60.60.70.8
Current ratio0.90.80.80.91.0
Cash and cash equivalents17.771.481.303.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:23.4%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.13%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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