4H VVS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 4H VVS ApS
4H VVS ApS (CVR number: 37323306) is a company from EGEDAL. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a growth of 16.1 % compared to the previous year. The operating profit percentage was at 5.4 % (EBIT: 0 mDKK), while net earnings were 18.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at -21.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. 4H VVS ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 709.14 | 770.18 | 803.71 | 583.28 | 676.90 |
Gross profit | 148.45 | 299.63 | 315.92 | 245.97 | 367.25 |
EBIT | - 180.76 | -51.01 | 36.41 | -87.27 | 36.70 |
Net earnings | - 192.73 | -62.02 | 23.70 | -88.92 | 18.40 |
Shareholders equity total | -21.13 | -81.68 | -52.76 | - 141.68 | - 123.27 |
Balance sheet total (assets) | 413.83 | 451.12 | 439.76 | 352.78 | 457.17 |
Net debt | - 197.50 | - 249.60 | 96.93 | 202.75 | 210.29 |
Profitability | |||||
EBIT-% | -25.5 % | -6.6 % | 4.5 % | -15.0 % | 5.4 % |
ROA | -36.1 % | -8.7 % | 8.9 % | -17.7 % | 6.8 % |
ROE | -65.8 % | -14.3 % | 5.3 % | -22.4 % | 4.5 % |
ROI | -221.2 % | 17.2 % | -25.0 % | 8.6 % | |
Economic value added (EVA) | - 175.48 | -40.02 | 53.06 | -73.45 | 52.63 |
Solvency | |||||
Equity ratio | -4.9 % | -15.3 % | -10.7 % | -28.7 % | -21.2 % |
Gearing | -604.9 % | -266.8 % | -386.0 % | ||
Relative net indebtedness % | 33.5 % | 36.8 % | 33.6 % | 54.7 % | 46.5 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.6 | 0.7 | 0.5 | 0.7 |
Current ratio | 0.7 | 0.6 | 0.7 | 0.5 | 0.7 |
Cash and cash equivalents | 197.50 | 249.60 | 222.16 | 175.18 | 265.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 50.6 | 43.8 | 50.7 | 54.7 | 61.3 |
Net working capital % | -19.6 % | -24.8 % | -18.3 % | -38.7 % | -27.9 % |
Credit risk | |||||
Credit rating | B | BB | BB | BB | BBB |
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