VVS-FIRMAET MOGENS JENSEN ApS — Credit Rating and Financial Key Figures

CVR number: 35029370
Enggårdvej 12, Snejbjerg 7400 Herning

Credit rating

Company information

Official name
VVS-FIRMAET MOGENS JENSEN ApS
Personnel
1 person
Established
2013
Domicile
Snejbjerg
Company form
Private limited company
Industry

About VVS-FIRMAET MOGENS JENSEN ApS

VVS-FIRMAET MOGENS JENSEN ApS (CVR number: 35029370) is a company from HERNING. The company recorded a gross profit of 786 kDKK in 2023. The operating profit was 155.9 kDKK, while net earnings were 121.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.2 %, which can be considered good but Return on Equity (ROE) was 46.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.1 %, 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. VVS-FIRMAET MOGENS JENSEN 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 profit657.98608.11476.84548.66785.96
EBIT83.9755.134.0431.89155.86
Net earnings63.8140.730.5523.97121.89
Shareholders equity total333.58319.01263.06229.83292.82
Balance sheet total (assets)881.25932.74811.91991.871 386.84
Net debt- 498.92- 156.73- 246.88- 757.21- 876.68
Profitability
EBIT-%
ROA10.1 %6.1 %0.5 %3.5 %13.2 %
ROE21.2 %12.5 %0.2 %9.7 %46.6 %
ROI27.2 %16.5 %1.4 %12.8 %59.9 %
Economic value added (EVA)73.9350.90-4.1223.69147.90
Solvency
Equity ratio37.9 %34.2 %32.4 %23.2 %21.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.41.41.41.31.1
Current ratio1.51.51.41.31.2
Cash and cash equivalents498.92156.73246.88757.21876.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:13.2%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.1%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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