Ø. Velling Smede & VVS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ø. Velling Smede & VVS ApS
Ø. Velling Smede & VVS ApS (CVR number: 42230413) is a company from RANDERS. The company recorded a gross profit of 859.1 kDKK in 2024. The operating profit was 3.4 kDKK, while net earnings were -10.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -5.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Ø. Velling Smede & VVS ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 539.35 | 1 166.35 | 865.87 | 859.10 |
EBIT | -89.41 | 290.68 | 41.75 | 3.37 |
Net earnings | -88.77 | 214.51 | 20.17 | -10.60 |
Shareholders equity total | -48.77 | 165.75 | 185.92 | 175.32 |
Balance sheet total (assets) | 380.07 | 649.80 | 532.70 | 538.66 |
Net debt | 197.64 | 107.73 | 131.15 | 143.33 |
Profitability | ||||
EBIT-% | ||||
ROA | -20.9 % | 53.9 % | 7.1 % | 0.6 % |
ROE | -23.4 % | 78.6 % | 11.5 % | -5.9 % |
ROI | -43.9 % | 103.5 % | 12.0 % | 1.0 % |
Economic value added (EVA) | -69.97 | 217.85 | 12.04 | -13.94 |
Solvency | ||||
Equity ratio | -11.4 % | 25.5 % | 34.9 % | 32.5 % |
Gearing | -417.3 % | 107.5 % | 75.9 % | 81.8 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.3 | 0.5 | 0.4 | 0.6 |
Current ratio | 0.5 | 1.3 | 1.4 | 1.4 |
Cash and cash equivalents | 5.86 | 70.39 | 9.90 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BBB | BBB |
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