Bred VVS ApS — Credit Rating and Financial Key Figures

CVR number: 34223572
Nørrevej 45 C, Kollund 6340 Kruså
vvs@bred.dk
tel: 74671512

Company information

Official name
Bred VVS ApS
Personnel
26 persons
Established
2012
Domicile
Kollund
Company form
Private limited company
Industry

About Bred VVS ApS

Bred VVS ApS (CVR number: 34223572) is a company from AABENRAA. The company recorded a gross profit of 11.9 mDKK in 2023. The operating profit was 381.4 kDKK, while net earnings were 167.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.8 %, which can be considered decent and Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 51.8 %, 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. Bred VVS ApS's liquidity measured by quick ratio was 1.7 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 profit10 773.0011 676.0013 362.0014 276.6811 926.57
EBIT803.00283.001 562.001 817.15381.37
Net earnings439.0046.001 104.001 294.61167.71
Shareholders equity total1 251.001 297.002 401.003 696.023 863.73
Balance sheet total (assets)8 360.006 767.007 850.009 582.687 457.05
Net debt2 336.002 244.00503.00992.93206.04
Profitability
EBIT-%
ROA11.1 %3.8 %21.6 %21.2 %4.8 %
ROE42.6 %3.6 %59.7 %42.5 %4.4 %
ROI23.1 %7.9 %46.5 %46.5 %9.2 %
Economic value added (EVA)575.97132.891 151.791 287.1093.62
Solvency
Equity ratio15.0 %19.2 %30.6 %38.6 %51.8 %
Gearing189.0 %174.3 %21.1 %27.0 %5.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.01.21.31.7
Current ratio1.21.21.51.62.0
Cash and cash equivalents29.0017.003.006.0515.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:4.76%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.8%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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