Virring VVS ApS — Credit Rating and Financial Key Figures

CVR number: 39645238
Skovkildeparken 31, Virring 8660 Skanderborg

Credit rating

Company information

Official name
Virring VVS ApS
Personnel
1 person
Established
2018
Domicile
Virring
Company form
Private limited company
Industry

About Virring VVS ApS

Virring VVS ApS (CVR number: 39645238) is a company from SKANDERBORG. The company recorded a gross profit of 800.9 kDKK in 2024. The operating profit was 294.1 kDKK, while net earnings were 227.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20 %, which can be considered excellent and Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.3 %, 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. Virring VVS ApS's liquidity measured by quick ratio was 3.9 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit616.99551.85477.03499.53800.91
EBIT190.8777.34-15.282.67294.09
Net earnings142.2255.34-19.470.52227.83
Shareholders equity total1 133.941 189.281 169.801 052.521 220.35
Balance sheet total (assets)1 647.921 462.121 560.501 349.471 600.00
Net debt- 694.86- 707.60- 947.77- 739.96-1 162.43
Profitability
EBIT-%
ROA12.9 %5.0 %-0.9 %0.2 %20.0 %
ROE13.4 %4.8 %-1.7 %0.0 %20.0 %
ROI16.1 %6.2 %-1.1 %0.2 %24.9 %
Economic value added (EVA)170.2483.538.7936.91259.14
Solvency
Equity ratio68.8 %81.3 %75.0 %78.0 %76.3 %
Gearing0.1 %0.2 %0.3 %0.3 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.85.13.64.23.9
Current ratio3.05.63.94.54.2
Cash and cash equivalents696.23709.83950.98743.171 165.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:20.0%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.3%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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