Tvillingernes VVS & Tømrer ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tvillingernes VVS & Tømrer ApS
Tvillingernes VVS & Tømrer ApS (CVR number: 37657107) is a company from KØBENHAVN. The company recorded a gross profit of 2068.6 kDKK in 2023. The operating profit was -1070.5 kDKK, while net earnings were -548.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.1 %, which can be considered poor and Return on Equity (ROE) was -19.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 84.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Tvillingernes VVS & Tømrer ApS's liquidity measured by quick ratio was 5.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 017.61 | 4 999.51 | 3 963.88 | 4 128.62 | 2 068.59 |
EBIT | 1 048.01 | 1 588.67 | 150.05 | 595.37 | -1 070.50 |
Net earnings | 801.72 | 1 216.46 | 93.81 | 462.22 | - 548.50 |
Shareholders equity total | 1 748.07 | 2 841.64 | 2 809.88 | 3 144.99 | 2 465.60 |
Balance sheet total (assets) | 3 121.55 | 4 694.93 | 3 586.86 | 3 984.07 | 2 916.64 |
Net debt | - 846.25 | -1 234.51 | - 707.70 | -1 117.79 | -1 269.08 |
Profitability | |||||
EBIT-% | |||||
ROA | 35.8 % | 40.7 % | 3.8 % | 16.0 % | -20.1 % |
ROE | 59.5 % | 53.0 % | 3.3 % | 15.5 % | -19.6 % |
ROI | 75.2 % | 68.4 % | 5.5 % | 20.2 % | -24.6 % |
Economic value added (EVA) | 783.38 | 1 211.57 | 36.92 | 378.59 | - 917.87 |
Solvency | |||||
Equity ratio | 56.0 % | 60.5 % | 78.3 % | 78.9 % | 84.5 % |
Gearing | 0.7 % | 0.2 % | 0.8 % | 0.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 2.2 | 3.9 | 4.2 | 5.4 |
Current ratio | 1.9 | 2.3 | 4.0 | 4.2 | 5.5 |
Cash and cash equivalents | 858.46 | 1 234.51 | 713.70 | 1 142.64 | 1 275.66 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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