Hanning VVS ApS — Credit Rating and Financial Key Figures

CVR number: 37875449
Kongsholmvej 7, Hanning 6900 Skjern

Credit rating

Company information

Official name
Hanning VVS ApS
Personnel
15 persons
Established
2016
Domicile
Hanning
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About Hanning VVS ApS

Hanning VVS ApS (CVR number: 37875449) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 9366 kDKK in 2023. The operating profit was 1843.1 kDKK, while net earnings were 1390.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.1 %, which can be considered excellent and Return on Equity (ROE) was 51.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.9 %, 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. Hanning VVS ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit4 918.724 597.986 426.067 582.959 365.98
EBIT1 359.601 055.501 155.281 364.661 843.13
Net earnings1 047.02812.66885.91957.791 390.22
Shareholders equity total2 131.712 144.382 230.292 388.082 978.30
Balance sheet total (assets)3 545.474 536.115 776.647 409.256 724.66
Net debt-1 305.85-2 093.34- 877.301 619.09-1 121.03
Profitability
EBIT-%
ROA35.0 %26.1 %22.4 %20.7 %26.1 %
ROE49.7 %38.0 %40.5 %41.5 %51.8 %
ROI55.8 %48.7 %52.9 %43.6 %52.5 %
Economic value added (EVA)1 051.26783.46893.46928.431 322.61
Solvency
Equity ratio60.1 %49.4 %45.8 %33.7 %45.9 %
Gearing2.9 %67.8 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.51.20.50.9
Current ratio2.31.81.41.31.5
Cash and cash equivalents1 366.972 093.34877.301 139.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:26.1%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.9%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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