DRUDS VVS ApS — Credit Rating and Financial Key Figures

CVR number: 35384383
Rørkrogen 7, Stige 5270 Odense N

Credit rating

Company information

Official name
DRUDS VVS ApS
Personnel
6 persons
Established
2013
Domicile
Stige
Company form
Private limited company
Industry

About DRUDS VVS ApS

DRUDS VVS ApS (CVR number: 35384383) is a company from ODENSE. The company recorded a gross profit of 1520.4 kDKK in 2023. The operating profit was 83.3 kDKK, while net earnings were 43.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 32.1 %, 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. DRUDS VVS ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit838.951 198.621 331.671 465.001 520.42
EBIT99.1573.9354.64102.8883.31
Net earnings64.7246.8238.3960.5343.58
Shareholders equity total308.43355.25393.64454.17497.75
Balance sheet total (assets)1 067.721 292.751 505.461 372.321 549.01
Net debt223.17- 167.04307.34349.38311.88
Profitability
EBIT-%
ROA9.6 %6.3 %3.9 %7.2 %5.8 %
ROE23.4 %14.1 %10.3 %14.3 %9.2 %
ROI20.6 %12.1 %7.4 %11.9 %9.3 %
Economic value added (EVA)86.9162.1760.4666.7444.30
Solvency
Equity ratio28.9 %27.5 %26.1 %33.1 %32.1 %
Gearing96.5 %72.0 %119.0 %92.1 %92.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.91.01.01.1
Current ratio1.41.41.41.51.5
Cash and cash equivalents74.47422.92161.1969.00149.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:5.81%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.1%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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