SOLBJERG VVS-SERVICE ApS — Credit Rating and Financial Key Figures

CVR number: 27230695
Østergårdsvej 289, 8355 Solbjerg
tel: 86929075

Company information

Official name
SOLBJERG VVS-SERVICE ApS
Personnel
9 persons
Established
2003
Company form
Private limited company
Industry

About SOLBJERG VVS-SERVICE ApS

SOLBJERG VVS-SERVICE ApS (CVR number: 27230695) is a company from AARHUS. The company recorded a gross profit of 7116.5 kDKK in 2024. The operating profit was 3500.9 kDKK, while net earnings were 2663 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.5 %, which can be considered excellent and Return on Equity (ROE) was 53.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62 %, 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. SOLBJERG VVS-SERVICE ApS's liquidity measured by quick ratio was 2.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 663.824 481.145 230.185 867.967 116.55
EBIT84.8768.932 504.342 760.253 500.87
Net earnings58.4347.681 896.072 061.752 662.97
Shareholders equity total4 482.233 929.912 045.984 107.735 770.70
Balance sheet total (assets)7 438.238 923.077 913.8210 622.0112 467.26
Net debt- 706.07-1 070.88431.31- 401.48-4 852.28
Profitability
EBIT-%
ROA1.2 %1.0 %29.9 %29.8 %30.5 %
ROE1.3 %1.1 %63.5 %67.0 %53.9 %
ROI1.9 %1.7 %46.6 %39.3 %41.8 %
Economic value added (EVA)- 156.23- 115.081 852.882 220.372 743.12
Solvency
Equity ratio60.3 %44.0 %68.4 %65.6 %62.0 %
Gearing10.1 %22.8 %190.2 %96.8 %51.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.62.92.72.5
Current ratio2.31.73.02.82.6
Cash and cash equivalents1 159.781 967.113 461.124 377.487 815.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:30.5%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.0%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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