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

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 3079.6 kDKK in 2023. The operating profit was 162.8 kDKK, while net earnings were 93.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -7.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. V. Hornum Smede & VVS ApS's liquidity measured by quick ratio was 0.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 101.552 345.142 051.412 257.003 079.59
EBIT90.70-11.89- 294.48115.60162.85
Net earnings11.34-20.00- 336.3431.9093.30
Shareholders equity total85.9165.90- 270.44- 238.53- 145.23
Balance sheet total (assets)1 658.822 324.181 887.961 917.851 766.73
Net debt609.66573.89271.48463.20605.98
Profitability
EBIT-%
ROA5.9 %0.7 %-13.1 %5.7 %8.1 %
ROE12.4 %-26.4 %-34.4 %1.7 %5.1 %
ROI15.2 %1.7 %-48.0 %26.6 %27.3 %
Economic value added (EVA)59.69-12.72- 279.3895.74137.57
Solvency
Equity ratio5.2 %2.8 %-12.5 %-11.1 %-7.6 %
Gearing710.7 %897.8 %-100.9 %-194.2 %-418.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.90.60.60.7
Current ratio0.90.90.80.80.9
Cash and cash equivalents0.8917.771.481.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:8.13%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-7.60%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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