VVS Teknik ApS — Credit Rating and Financial Key Figures

CVR number: 20441143
Strungesvej 7, 8752 Østbirk
thomas@vvstek.dk
tel: 40423598
www.vvstek.dk

Credit rating

Company information

Official name
VVS Teknik ApS
Personnel
1 person
Established
1997
Company form
Private limited company
Industry

About VVS Teknik ApS

VVS Teknik ApS (CVR number: 20441143) is a company from HORSENS. The company recorded a gross profit of 627.9 kDKK in 2023. The operating profit was 115.8 kDKK, while net earnings were 88 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good and Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 79.3 %, 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. VVS Teknik ApS's liquidity measured by quick ratio was 4.4 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 profit492.87673.24721.38580.60627.93
EBIT- 123.40-67.2771.0615.72115.76
Net earnings-98.12-52.5855.542.9887.97
Shareholders equity total777.84725.26780.79783.77871.74
Balance sheet total (assets)982.371 270.621 065.641 024.391 099.71
Net debt- 372.07- 478.47- 718.85- 514.83- 660.92
Profitability
EBIT-%
ROA-11.1 %-6.0 %6.1 %1.5 %11.7 %
ROE-11.9 %-7.0 %7.4 %0.4 %10.6 %
ROI-14.7 %-8.9 %9.4 %2.0 %14.9 %
Economic value added (EVA)- 106.54-72.4343.4612.7368.74
Solvency
Equity ratio81.3 %57.1 %73.3 %76.5 %79.3 %
Gearing0.8 %0.9 %0.3 %0.3 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio4.32.13.43.74.4
Current ratio3.92.13.54.04.6
Cash and cash equivalents378.48484.88721.32517.31665.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.3%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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