VVS LYKKE ApS — Credit Rating and Financial Key Figures

CVR number: 14262644
Esbjerggade 12, 9900 Frederikshavn

Company information

Official name
VVS LYKKE ApS
Personnel
11 persons
Established
1990
Company form
Private limited company
Industry

About VVS LYKKE ApS

VVS LYKKE ApS (CVR number: 14262644) is a company from FREDERIKSHAVN. The company recorded a gross profit of 5556.4 kDKK in 2023. The operating profit was 687.1 kDKK, while net earnings were 597.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.2 %, which can be considered excellent and Return on Equity (ROE) was 24.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.8 %, 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 LYKKE ApS's liquidity measured by quick ratio was 1.6 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 profit5 603.815 735.995 549.385 199.465 556.37
EBIT1 187.591 263.691 161.57538.48687.08
Net earnings986.071 274.711 482.5071.10597.29
Shareholders equity total4 005.864 380.574 563.072 134.182 731.47
Balance sheet total (assets)7 023.527 755.666 595.715 578.475 773.03
Net debt-3 330.38-3 655.46-3 413.56383.22- 647.34
Profitability
EBIT-%
ROA20.5 %22.7 %27.1 %11.6 %18.2 %
ROE26.6 %30.4 %33.2 %2.1 %24.6 %
ROI31.5 %39.6 %43.3 %15.5 %22.8 %
Economic value added (EVA)862.12961.55879.21350.17534.14
Solvency
Equity ratio57.0 %57.0 %70.8 %38.3 %47.8 %
Gearing0.9 %111.3 %67.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.13.11.41.6
Current ratio2.22.23.11.51.7
Cash and cash equivalents3 366.293 655.463 413.561 992.672 478.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:18.2%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.8%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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