FFV VAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About FFV VAND A/S
FFV VAND A/S (CVR number: 26506220) is a company from FAABORG-MIDTFYN. The company reported a net sales of 8.2 mDKK in 2024, demonstrating a decline of -0.3 % compared to the previous year. The operating profit percentage was at 6.8 % (EBIT: 0.6 mDKK), while net earnings were 547.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FFV VAND A/S's liquidity measured by quick ratio was 1.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 8 509.96 | 10 258.84 | 8 434.21 | 8 265.39 | 8 239.82 |
Gross profit | 7 060.73 | 8 769.48 | 7 180.43 | 6 895.21 | 7 012.07 |
EBIT | 1 064.82 | 3 153.33 | 1 357.57 | 717.37 | 563.02 |
Net earnings | 1 117.11 | 3 211.15 | 1 358.85 | 759.65 | 547.68 |
Shareholders equity total | 70 027.13 | 73 238.29 | 74 597.14 | 75 356.79 | 75 904.47 |
Balance sheet total (assets) | 74 583.13 | 76 722.90 | 76 027.24 | 76 897.69 | 78 112.44 |
Net debt | -2 703.99 | -4 607.92 | -2 182.44 | -3 031.20 | -1 916.45 |
Profitability | |||||
EBIT-% | 12.5 % | 30.7 % | 16.1 % | 8.7 % | 6.8 % |
ROA | 1.5 % | 4.3 % | 1.8 % | 1.0 % | 0.8 % |
ROE | 1.6 % | 4.5 % | 1.8 % | 1.0 % | 0.7 % |
ROI | 1.6 % | 4.4 % | 1.8 % | 1.0 % | 0.8 % |
Economic value added (EVA) | -2 397.91 | - 365.53 | -2 322.65 | -3 031.14 | -3 223.66 |
Solvency | |||||
Equity ratio | 93.9 % | 95.5 % | 98.3 % | 98.7 % | 97.2 % |
Gearing | |||||
Relative net indebtedness % | 21.8 % | -10.9 % | -8.9 % | -18.0 % | 3.5 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.8 | 3.4 | 4.8 | 1.9 |
Current ratio | 1.9 | 1.9 | 3.5 | 3.5 | 2.1 |
Cash and cash equivalents | 2 703.99 | 4 607.92 | 2 182.44 | 3 031.20 | 1 916.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 43.9 | 9.8 | 36.1 | ||
Net working capital % | 30.1 % | 32.0 % | 42.9 % | 45.7 % | 30.6 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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