VVS & EL EXPERTEN A/S — Credit Rating and Financial Key Figures

CVR number: 37520128
Energivej 2, 8740 Brædstrup
tel: 75752625

Credit rating

Company information

Official name
VVS & EL EXPERTEN A/S
Personnel
44 persons
Established
1975
Company form
Limited company
Industry

About VVS & EL EXPERTEN A/S

VVS & EL EXPERTEN A/S (CVR number: 37520128) is a company from HORSENS. The company recorded a gross profit of 26.1 mDKK in 2023. The operating profit was -988.1 kDKK, while net earnings were -985.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -14.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 17 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. VVS & EL EXPERTEN A/S'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 profit23 812.5622 250.6810 045.8428 779.6626 098.51
EBIT4 264.211 222.624 849.893 422.39- 988.11
Net earnings3 109.46806.613 634.492 519.71- 985.58
Shareholders equity total3 872.283 369.436 203.918 723.624 538.04
Balance sheet total (assets)17 023.7118 052.4924 313.1432 584.6030 433.94
Net debt1 549.81- 985.045 481.315 174.167 445.33
Profitability
EBIT-%
ROA27.0 %7.0 %22.9 %12.1 %-3.1 %
ROE123.5 %22.3 %75.9 %33.8 %-14.9 %
ROI57.5 %19.6 %52.2 %22.5 %-6.1 %
Economic value added (EVA)3 300.80805.493 678.172 359.09-1 135.91
Solvency
Equity ratio22.7 %18.7 %25.5 %27.7 %17.0 %
Gearing68.6 %10.3 %88.4 %59.3 %165.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.01.21.21.1
Current ratio1.31.41.51.41.1
Cash and cash equivalents1 105.221 331.570.271.8155.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:-3.07%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.0%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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