Solvang VVS & Entreprenørforretning ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Solvang VVS & Entreprenørforretning ApS
Solvang VVS & Entreprenørforretning ApS (CVR number: 40655573) is a company from DRAGØR. The company recorded a gross profit of 321.8 kDKK in 2024. The operating profit was -635.8 kDKK, while net earnings were -521.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.8 %, which can be considered poor and Return on Equity (ROE) was -17.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.1 %, 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. Solvang VVS & Entreprenørforretning ApS's liquidity measured by quick ratio was 2.3 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 067.30 | 2 160.79 | 1 518.73 | 1 400.41 | 321.78 |
EBIT | 333.14 | 770.65 | 838.65 | 698.24 | - 635.79 |
Net earnings | 250.16 | 581.84 | 624.50 | 542.56 | - 521.34 |
Shareholders equity total | 1 630.06 | 2 211.91 | 2 779.20 | 3 262.87 | 2 680.53 |
Balance sheet total (assets) | 2 354.59 | 3 698.05 | 3 578.46 | 4 969.60 | 4 248.57 |
Net debt | - 745.73 | - 639.59 | - 394.45 | - 270.68 | - 340.13 |
Profitability | |||||
EBIT-% | |||||
ROA | 15.7 % | 25.5 % | 23.1 % | 16.3 % | -13.8 % |
ROE | 16.6 % | 30.3 % | 25.0 % | 18.0 % | -17.5 % |
ROI | 21.6 % | 39.4 % | 33.0 % | 22.4 % | -20.8 % |
Economic value added (EVA) | 187.32 | 501.47 | 514.96 | 404.02 | - 673.67 |
Solvency | |||||
Equity ratio | 69.2 % | 59.8 % | 77.7 % | 65.7 % | 63.1 % |
Gearing | 2.4 % | 1.8 % | 1.9 % | 3.3 % | 1.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 1.8 | 3.3 | 2.4 | 2.3 |
Current ratio | 2.5 | 1.8 | 3.3 | 2.4 | 2.3 |
Cash and cash equivalents | 784.75 | 678.61 | 446.17 | 378.16 | 383.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.