Solvang VVS & Entreprenørforretning ApS — Credit Rating and Financial Key Figures

CVR number: 40655573
Fælledvej 64, 2791 Dragør
sebastian-holst@live.dk
tel: 26216713

Credit rating

Company information

Official name
Solvang VVS & Entreprenørforretning ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 067.302 160.791 518.731 400.41321.78
EBIT333.14770.65838.65698.24- 635.79
Net earnings250.16581.84624.50542.56- 521.34
Shareholders equity total1 630.062 211.912 779.203 262.872 680.53
Balance sheet total (assets)2 354.593 698.053 578.464 969.604 248.57
Net debt- 745.73- 639.59- 394.45- 270.68- 340.13
Profitability
EBIT-%
ROA15.7 %25.5 %23.1 %16.3 %-13.8 %
ROE16.6 %30.3 %25.0 %18.0 %-17.5 %
ROI21.6 %39.4 %33.0 %22.4 %-20.8 %
Economic value added (EVA)187.32501.47514.96404.02- 673.67
Solvency
Equity ratio69.2 %59.8 %77.7 %65.7 %63.1 %
Gearing2.4 %1.8 %1.9 %3.3 %1.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.51.83.32.42.3
Current ratio2.51.83.32.42.3
Cash and cash equivalents784.75678.61446.17378.16383.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-13.8%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.1%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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