NORDIC VVS ApS — Credit Rating and Financial Key Figures

CVR number: 29144397
Hedeager 5, 2605 Brøndby
mail@nordicvvs.dk
tel: 43766766

Credit rating

Company information

Official name
NORDIC VVS ApS
Personnel
14 persons
Established
2005
Company form
Private limited company
Industry

About NORDIC VVS ApS

NORDIC VVS ApS (CVR number: 29144397) is a company from BRØNDBY. The company recorded a gross profit of 9406.4 kDKK in 2024. The operating profit was 1047.7 kDKK, while net earnings were 543 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.5 %, which can be considered good and Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 3.4 %, 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. NORDIC VVS ApS's liquidity measured by quick ratio was 2.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit8 649.589 029.496 953.367 181.919 406.40
EBIT581.66246.44- 146.58- 544.561 047.66
Net earnings350.71269.22- 134.68- 502.56542.96
Shareholders equity total2 703.58394.22259.54- 243.02299.94
Balance sheet total (assets)7 669.955 662.568 795.999 603.908 851.27
Net debt435.982 791.884 262.402 592.832 220.87
Profitability
EBIT-%
ROA8.0 %6.3 %-1.7 %-5.8 %11.5 %
ROE10.7 %17.4 %-41.2 %-10.2 %11.0 %
ROI12.9 %9.9 %-2.5 %-8.7 %16.7 %
Economic value added (EVA)204.04-36.76- 307.44- 740.62453.41
Solvency
Equity ratio35.2 %7.0 %3.0 %-2.5 %3.4 %
Gearing63.0 %874.3 %2103.1 %-2752.8 %1946.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.01.03.12.2
Current ratio1.51.01.02.92.2
Cash and cash equivalents1 266.52654.601 195.964 097.113 617.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.5%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.41%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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