FFV VAND A/S — Credit Rating and Financial Key Figures

CVR number: 26506220
Korsvangen 6 A, 5750 Ringe
ffv@ffv.dk
tel: 62611666

Company information

Official name
FFV VAND A/S
Established
2002
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales8 509.9610 258.848 434.218 265.398 239.82
Gross profit7 060.738 769.487 180.436 895.217 012.07
EBIT1 064.823 153.331 357.57717.37563.02
Net earnings1 117.113 211.151 358.85759.65547.68
Shareholders equity total70 027.1373 238.2974 597.1475 356.7975 904.47
Balance sheet total (assets)74 583.1376 722.9076 027.2476 897.6978 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 %
ROA1.5 %4.3 %1.8 %1.0 %0.8 %
ROE1.6 %4.5 %1.8 %1.0 %0.7 %
ROI1.6 %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 ratio93.9 %95.5 %98.3 %98.7 %97.2 %
Gearing
Relative net indebtedness %21.8 %-10.9 %-8.9 %-18.0 %3.5 %
Liquidity
Quick ratio1.71.83.44.81.9
Current ratio1.91.93.53.52.1
Cash and cash equivalents2 703.994 607.922 182.443 031.201 916.45
Capital use efficiency
Trade debtors turnover (days)43.99.836.1
Net working capital %30.1 %32.0 %42.9 %45.7 %30.6 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:0.79%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.2%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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