Himmerland VVS Tech ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Himmerland VVS Tech ApS
Himmerland VVS Tech ApS (CVR number: 39032546) is a company from MARIAGERFJORD. The company recorded a gross profit of 3642 kDKK in 2024. The operating profit was -220.8 kDKK, while net earnings were -206.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -11.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Himmerland VVS Tech ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 524.64 | 3 698.10 | 3 723.79 | 4 507.06 | 3 641.96 |
EBIT | 258.02 | 326.50 | 678.17 | 1 446.11 | - 220.80 |
Net earnings | 177.79 | 240.77 | 504.89 | 1 091.91 | - 206.67 |
Shareholders equity total | 291.76 | 532.53 | 1 037.43 | 2 091.91 | 1 543.33 |
Balance sheet total (assets) | 2 591.09 | 2 730.02 | 3 074.52 | 5 158.37 | 4 298.43 |
Net debt | 447.99 | 822.69 | 456.96 | 914.42 | 1 339.20 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.9 % | 12.8 % | 23.8 % | 35.9 % | -3.9 % |
ROE | 87.6 % | 58.4 % | 64.3 % | 69.8 % | -11.4 % |
ROI | 33.4 % | 29.0 % | 46.5 % | 65.5 % | -6.2 % |
Economic value added (EVA) | 166.59 | 216.20 | 459.58 | 1 051.87 | - 323.60 |
Solvency | |||||
Equity ratio | 11.3 % | 19.5 % | 33.7 % | 40.6 % | 35.9 % |
Gearing | 154.1 % | 154.5 % | 44.0 % | 43.7 % | 87.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 1.0 | 1.2 | 1.5 | 1.3 |
Current ratio | 1.2 | 1.3 | 1.6 | 1.7 | 1.6 |
Cash and cash equivalents | 1.59 | 6.42 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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