HØRUP VVS OG ENTREPRENØRFORRETNING ApS — Credit Rating and Financial Key Figures

CVR number: 27726224
Bjerregårdsvej 2, Hørup 7300 Jelling

Company information

Official name
HØRUP VVS OG ENTREPRENØRFORRETNING ApS
Personnel
2 persons
Established
2004
Domicile
Hørup
Company form
Private limited company
Industry

About HØRUP VVS OG ENTREPRENØRFORRETNING ApS

HØRUP VVS OG ENTREPRENØRFORRETNING ApS (CVR number: 27726224) is a company from VEJLE. The company recorded a gross profit of 2049.6 kDKK in 2023. The operating profit was 707.3 kDKK, while net earnings were 474 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good and Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 73.5 %, 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. HØRUP VVS OG ENTREPRENØRFORRETNING ApS's liquidity measured by quick ratio was 1.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 469.482 270.482 409.663 019.052 049.59
EBIT191.40680.01602.271 052.44707.27
Net earnings91.51479.26406.06748.63474.04
Shareholders equity total2 905.553 284.813 530.874 079.493 803.53
Balance sheet total (assets)4 147.245 375.915 629.266 262.905 178.06
Net debt155.79233.56101.82- 384.93550.18
Profitability
EBIT-%
ROA4.5 %14.3 %11.0 %17.7 %12.4 %
ROE3.2 %15.5 %11.9 %19.7 %12.0 %
ROI5.1 %17.8 %14.4 %22.7 %15.2 %
Economic value added (EVA)-17.85364.00274.80632.88360.24
Solvency
Equity ratio70.1 %61.1 %62.7 %65.1 %73.5 %
Gearing21.0 %17.6 %24.8 %24.7 %16.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.50.91.11.51.1
Current ratio1.71.01.11.61.3
Cash and cash equivalents455.69346.17772.201 392.0285.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:12.4%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.5%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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