Limfjordens VVS ApS — Credit Rating and Financial Key Figures

Limfjordens VVS ApS (CVR number: 42429279) is a company from SKIVE. The company recorded a gross profit of 4724.4 kDKK in 2023. The operating profit was 1868.9 kDKK, while net earnings were 1441.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43.9 %, which can be considered excellent and Return on Equity (ROE) was 62.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.1 %, 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. Limfjordens VVS ApS's liquidity measured by quick ratio was 2.4 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.