KRENK VVS AKTIESELSKAB — Credit Rating and Financial Key Figures

CVR number: 15183349
Esbjergvej 14, 6000 Kolding
krenk@krenkvvs.dk
tel: 75503344
www.krenkvvs.dk

Credit rating

Company information

Official name
KRENK VVS AKTIESELSKAB
Personnel
18 persons
Established
1991
Company form
Limited company
Industry
  • Expand more icon43Specialised construction activities

About KRENK VVS AKTIESELSKAB

KRENK VVS AKTIESELSKAB (CVR number: 15183349) is a company from KOLDING. The company recorded a gross profit of 11.6 mDKK in 2023. The operating profit was 2644.6 kDKK, while net earnings were 2057.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.9 %, which can be considered excellent and Return on Equity (ROE) was 60.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KRENK VVS AKTIESELSKAB's liquidity measured by quick ratio was 1.8 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 profit9 962.009 940.0010 651.0010 469.0011 611.23
EBIT2 850.002 500.002 847.002 761.002 644.59
Net earnings2 226.001 951.002 261.002 179.002 057.53
Shareholders equity total3 475.003 226.003 538.003 468.003 374.45
Balance sheet total (assets)6 804.008 027.007 932.009 190.008 150.09
Net debt-1 333.00- 266.00232.001 094.00- 195.84
Profitability
EBIT-%
ROA49.2 %34.2 %36.9 %33.3 %30.9 %
ROE78.1 %58.2 %66.9 %62.2 %60.1 %
ROI90.6 %64.8 %69.2 %57.0 %52.3 %
Economic value added (EVA)2 164.341 843.692 072.811 976.921 891.83
Solvency
Equity ratio51.1 %40.2 %44.6 %37.7 %41.4 %
Gearing0.6 %0.7 %7.8 %34.0 %17.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.82.01.81.8
Current ratio2.21.92.11.82.0
Cash and cash equivalents1 355.00288.0044.0084.00782.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:30.9%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.4%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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