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

CVR number: 27726224
Bjerregårdsvej 2, Hørup 7300 Jelling

Credit rating

Company information

Official name
HØRUP VVS OG ENTREPRENØRFORRETNING ApS
Personnel
3 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 1386.9 kDKK in 2024. The operating profit was 333.6 kDKK, while net earnings were 216 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.9 %, 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. HØRUP VVS OG ENTREPRENØRFORRETNING ApS's liquidity measured by quick ratio was 0.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 270.482 409.663 019.052 049.591 386.94
EBIT680.01602.271 052.44707.27333.55
Net earnings479.26406.06748.63474.04216.01
Shareholders equity total3 284.813 530.874 079.493 803.531 363.72
Balance sheet total (assets)5 375.915 629.266 262.905 178.063 413.75
Net debt233.56101.82- 384.93550.18670.41
Profitability
EBIT-%
ROA14.3 %11.0 %17.7 %12.4 %7.8 %
ROE15.5 %11.9 %19.7 %12.0 %8.4 %
ROI17.8 %14.4 %22.7 %15.2 %9.6 %
Economic value added (EVA)320.93235.49558.21246.9227.44
Solvency
Equity ratio61.1 %62.7 %65.1 %73.5 %39.9 %
Gearing17.6 %24.8 %24.7 %16.7 %79.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.11.51.10.9
Current ratio1.01.11.61.30.9
Cash and cash equivalents346.17772.201 392.0285.69418.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:7.79%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.9%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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