VVS JESS A. OLSEN ApS — Credit Rating and Financial Key Figures

CVR number: 10109507
Herstedøstervej 11, 2600 Glostrup
tel: 43441181

Company information

Official name
VVS JESS A. OLSEN ApS
Personnel
15 persons
Established
1986
Company form
Private limited company
Industry

About VVS JESS A. OLSEN ApS

VVS JESS A. OLSEN ApS (CVR number: 10109507) is a company from GLOSTRUP. The company recorded a gross profit of 6658.7 kDKK in 2023. The operating profit was 282.1 kDKK, while net earnings were 348.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 55 %, 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. VVS JESS A. OLSEN ApS's liquidity measured by quick ratio was 1.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 439.007 048.005 325.007 118.006 658.70
EBIT260.00333.00231.00965.00282.11
Net earnings231.00301.00216.00873.00348.52
Shareholders equity total3 235.003 537.003 752.004 626.003 974.36
Balance sheet total (assets)8 376.0012 889.0010 033.008 941.007 227.05
Net debt-1 414.00-2 782.00638.00-3 113.00-2 119.09
Profitability
EBIT-%
ROA3.7 %4.1 %2.9 %11.8 %5.8 %
ROE7.0 %8.9 %5.9 %20.8 %8.1 %
ROI9.1 %11.0 %7.2 %22.3 %10.5 %
Economic value added (EVA)142.24183.19153.38630.62141.17
Solvency
Equity ratio38.6 %27.4 %37.4 %51.7 %55.0 %
Gearing11.3 %8.8 %43.0 %5.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.21.41.91.9
Current ratio1.71.31.62.12.1
Cash and cash equivalents1 779.003 093.00977.003 113.002 343.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAAA

Variable visualization

ROA:5.76%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.0%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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