VESTFYNS VVS SERVICE A/S — Credit Rating and Financial Key Figures

CVR number: 32085458
Industribuen 8, Ejby 5592 Ejby
torben@vestfyns-vvs.dk
tel: 64462560

Company information

Official name
VESTFYNS VVS SERVICE A/S
Personnel
22 persons
Established
2009
Domicile
Ejby
Company form
Limited company
Industry

About VESTFYNS VVS SERVICE A/S

VESTFYNS VVS SERVICE A/S (CVR number: 32085458) is a company from MIDDELFART. The company recorded a gross profit of 11.1 mDKK in 2023. The operating profit was 1834.7 kDKK, while net earnings were 1389 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent and Return on Equity (ROE) was 48.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. VESTFYNS VVS SERVICE A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 817.217 998.358 605.829 209.4311 067.87
EBIT1 113.141 718.761 757.301 800.121 834.71
Net earnings851.451 317.761 337.121 347.001 388.95
Shareholders equity total2 897.464 215.224 552.333 347.002 388.96
Balance sheet total (assets)9 019.968 465.458 642.2610 614.0411 683.22
Net debt-1 811.12-2 695.36-2 573.53-1 467.39- 160.58
Profitability
EBIT-%
ROA12.3 %19.9 %20.6 %18.8 %16.6 %
ROE28.7 %37.1 %30.5 %34.1 %48.4 %
ROI18.3 %34.8 %35.1 %27.6 %24.7 %
Economic value added (EVA)918.981 422.541 295.461 359.611 558.84
Solvency
Equity ratio32.1 %49.8 %52.7 %31.5 %20.4 %
Gearing93.5 %4.0 %24.9 %121.3 %218.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.51.61.11.0
Current ratio1.31.71.81.31.1
Cash and cash equivalents4 520.522 862.713 706.925 525.765 382.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:16.6%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.4%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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