Aaskov VVS Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Aaskov VVS Holding ApS
Aaskov VVS Holding ApS (CVR number: 38721224) is a company from HERNING. The company recorded a gross profit of -6.6 kDKK in 2023. The operating profit was -6.6 kDKK, while net earnings were -327.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.2 %, which can be considered poor and Return on Equity (ROE) was -26.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Aaskov VVS Holding 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.19 | -7.19 | -7.95 | -8.06 | -6.55 |
EBIT | -7.19 | -7.19 | -7.95 | -8.06 | -6.55 |
Net earnings | -10.09 | 589.40 | 398.51 | 426.01 | - 327.40 |
Shareholders equity total | 623.39 | 1 157.49 | 1 056.00 | 1 434.54 | 1 032.14 |
Balance sheet total (assets) | 636.58 | 2 156.62 | 1 954.19 | 1 947.73 | 1 295.33 |
Net debt | -25.02 | 223.62 | 245.50 | 498.92 | 245.47 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.7 % | 42.5 % | 19.3 % | 22.5 % | -20.2 % |
ROE | -1.5 % | 66.2 % | 36.0 % | 34.2 % | -26.5 % |
ROI | -1.7 % | 42.9 % | 20.1 % | 23.5 % | -20.4 % |
Economic value added (EVA) | 16.81 | -0.16 | 66.85 | 35.62 | 23.03 |
Solvency | |||||
Equity ratio | 97.9 % | 53.7 % | 54.0 % | 73.7 % | 79.7 % |
Gearing | 20.4 % | 23.7 % | 34.9 % | 24.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 12.8 | 0.1 | 0.4 | 0.3 | 0.6 |
Current ratio | 12.8 | 0.1 | 0.4 | 0.3 | 0.6 |
Cash and cash equivalents | 25.02 | 12.32 | 4.50 | 1.08 | 4.53 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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