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
17 persons
Established
2016
Domicile
Hanning
Company form
Private limited company
Industry

About Hanning VVS ApS

Hanning VVS ApS (CVR number: 37875449) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 8261.7 kDKK in 2024. The operating profit was 397.6 kDKK, while net earnings were 259.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 45.2 %, 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 0.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 597.986 426.067 582.959 365.988 261.67
EBIT1 055.501 155.281 364.661 843.13397.59
Net earnings812.66885.91957.791 390.22259.57
Shareholders equity total2 144.382 230.292 388.082 978.302 237.87
Balance sheet total (assets)4 536.115 776.647 409.256 724.665 055.24
Net debt-2 093.34- 877.301 619.09-1 121.03714.42
Profitability
EBIT-%
ROA26.1 %22.4 %20.7 %26.1 %6.9 %
ROE38.0 %40.5 %41.5 %51.8 %10.0 %
ROI48.7 %52.9 %43.6 %52.5 %13.6 %
Economic value added (EVA)711.70788.27884.341 239.97153.70
Solvency
Equity ratio49.4 %45.8 %33.7 %45.9 %45.2 %
Gearing67.8 %0.6 %31.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.20.50.90.8
Current ratio1.81.41.31.51.5
Cash and cash equivalents2 093.34877.301 139.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:6.85%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.2%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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