MIKKELS VVS ApS — Credit Rating and Financial Key Figures

CVR number: 31631769
Skanderborgvej 13 E, 8362 Hørning
tel: 20789579

Credit rating

Company information

Official name
MIKKELS VVS ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

About MIKKELS VVS ApS

MIKKELS VVS ApS (CVR number: 31631769) is a company from SKANDERBORG. The company recorded a gross profit of 685.1 kDKK in 2023. The operating profit was 95.2 kDKK, while net earnings were 70.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent and Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 70 %, 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. MIKKELS VVS ApS's liquidity measured by quick ratio was 3.2 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 sales747.65
Gross profit634.30625.67592.98671.06685.07
EBIT6.864.535.1378.4295.19
Net earnings3.040.360.8856.8270.10
Shareholders equity total830.12830.47831.36888.17958.27
Balance sheet total (assets)1 177.041 348.281 229.781 488.391 368.95
Net debt- 471.02- 651.11- 522.65- 553.14- 916.51
Profitability
EBIT-%0.9 %
ROA0.6 %0.4 %0.4 %5.8 %6.7 %
ROE0.4 %0.0 %0.1 %6.6 %7.6 %
ROI0.8 %0.5 %0.6 %9.1 %10.3 %
Economic value added (EVA)-11.95-13.51-3.8844.6754.05
Solvency
Equity ratio70.5 %61.6 %67.6 %59.7 %70.0 %
Gearing
Relative net indebtedness %-16.6 %
Liquidity
Quick ratio3.02.42.82.33.2
Current ratio3.12.53.02.43.3
Cash and cash equivalents471.02651.11522.65553.14916.51
Capital use efficiency
Trade debtors turnover (days)145.6
Net working capital %99.4 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.66%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.0%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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