FFV SPILDEVAND A/S — Credit Rating and Financial Key Figures

CVR number: 26514851
Korsvangen 6 A, 5750 Ringe
ffv@ffv.dk
tel: 62611666

Credit rating

Company information

Official name
FFV SPILDEVAND A/S
Established
2001
Company form
Limited company
Industry
  • Expand more icon37Sewerage

About FFV SPILDEVAND A/S

FFV SPILDEVAND A/S (CVR number: 26514851) is a company from FAABORG-MIDTFYN. The company reported a net sales of 118.2 mDKK in 2023, demonstrating a growth of 17.5 % compared to the previous year. The operating profit percentage was at 40.2 % (EBIT: 47.5 mDKK), while net earnings were 48.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent and Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FFV SPILDEVAND A/S's liquidity measured by quick ratio was 3.1 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales94.91114.62113.54100.66118.24
Gross profit77.9697.6295.1678.4396.01
EBIT35.0757.3251.7231.6647.52
Net earnings35.8558.8150.7731.5048.06
Shareholders equity total827.17885.98936.74968.251 016.31
Balance sheet total (assets)883.89937.15991.781 031.181 058.30
Net debt-13.77-2.69
Profitability
EBIT-%37.0 %50.0 %45.6 %31.5 %40.2 %
ROA4.1 %6.3 %5.4 %3.2 %4.6 %
ROE4.5 %6.9 %5.6 %3.3 %4.8 %
ROI4.1 %6.3 %5.4 %3.2 %4.8 %
Economic value added (EVA)-4.7315.767.20-15.41-0.37
Solvency
Equity ratio100.0 %100.0 %100.0 %93.9 %96.0 %
Gearing2.8 %2.7 %
Relative net indebtedness %21.6 %10.2 %
Liquidity
Quick ratio1.73.1
Current ratio1.83.2
Cash and cash equivalents41.1929.89
Capital use efficiency
Trade debtors turnover (days)2.611.4
Net working capital %27.7 %31.0 %
Credit risk
Credit ratingABBBBBBAAAAAA

Variable visualization

ROA:4.64%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.0%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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