LP VVS ApS — Credit Rating and Financial Key Figures

CVR number: 39697351
Svanholmsgade 4, 7100 Vejle
Mail@lp-vvs.dk
tel: 75828203
www.lp-vvs.dk

Credit rating

Company information

Official name
LP VVS ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About LP VVS ApS

LP VVS ApS (CVR number: 39697351) is a company from VEJLE. The company recorded a gross profit of 1914.7 kDKK in 2023, demonstrating a growth of 86.4 % compared to the previous year. The operating profit was 811.6 kDKK, while net earnings were 578.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.7 %, which can be considered excellent and Return on Equity (ROE) was 59.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.4 %, 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. LP 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 525.321 632.141 589.641 818.14
Gross profit1 525.321 632.141 589.641 027.071 914.67
EBIT284.05-18.94333.8439.43811.64
Net earnings104.55-58.59206.0127.50578.08
Shareholders equity total154.5595.95301.96686.891 248.98
Balance sheet total (assets)881.721 906.911 838.341 560.682 429.68
Net debt-88.89- 102.93- 322.95- 472.48-4.63
Profitability
EBIT-%18.6 %-1.2 %21.0 %2.2 %
ROA45.5 %8.2 %21.8 %2.3 %40.7 %
ROE67.6 %-46.8 %103.5 %5.6 %59.7 %
ROI44.3 %-12.0 %43.3 %5.7 %81.6 %
Economic value added (EVA)221.56-6.90292.1548.76639.29
Solvency
Equity ratio17.5 %5.0 %16.4 %44.0 %51.4 %
Gearing143.9 %468.9 %115.9 %7.9 %
Relative net indebtedness %27.3 %77.1 %54.3 %19.1 %
Liquidity
Quick ratio1.00.81.01.51.7
Current ratio1.10.81.01.51.7
Cash and cash equivalents311.28552.83672.95526.484.63
Capital use efficiency
Trade debtors turnover (days)91.0197.4184.8141.8
Net working capital %2.5 %-17.5 %-0.3 %23.0 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:40.7%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.4%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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