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

Solvang VVS & Entreprenørforretning ApS (CVR number: 40655573) is a company from DRAGØR. The company recorded a gross profit of 1400.4 kDKK in 2023. The operating profit was 698.2 kDKK, while net earnings were 542.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.3 %, which can be considered excellent and Return on Equity (ROE) was 18 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.7 %, 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 2.4 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.