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

CVR number: 30696646
Årupvej 29, 8722 Hedensted
mail@hedensted-vvs.dk
tel: 75890730

Company information

Official name
HEDENSTED VVS SERVICE A/S
Personnel
34 persons
Established
2007
Company form
Limited company
Industry

About HEDENSTED VVS SERVICE A/S

HEDENSTED VVS SERVICE A/S (CVR number: 30696646) is a company from HEDENSTED. The company recorded a gross profit of 21 mDKK in 2023. The operating profit was 1527.1 kDKK, while net earnings were 990.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 15.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.2 %, 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. HEDENSTED 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 profit17 603.0720 851.2223 321.2022 135.2521 020.17
EBIT1 649.312 452.182 978.081 712.311 527.08
Net earnings799.261 743.462 184.801 134.06990.82
Shareholders equity total4 978.186 221.644 706.445 840.506 831.32
Balance sheet total (assets)21 359.5324 777.1324 618.3723 269.4221 967.06
Net debt9 161.687 270.176 855.269 994.059 167.94
Profitability
EBIT-%
ROA6.9 %10.7 %12.2 %7.4 %7.2 %
ROE16.6 %31.1 %40.0 %21.5 %15.6 %
ROI10.2 %17.2 %22.9 %12.4 %9.9 %
Economic value added (EVA)798.411 390.811 736.40810.93614.43
Solvency
Equity ratio23.3 %25.1 %19.4 %25.2 %31.2 %
Gearing184.0 %117.7 %146.8 %171.1 %134.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.90.80.81.0
Current ratio1.11.31.11.31.4
Cash and cash equivalents53.0653.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:7.24%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.2%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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