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DANSK VVS TEKNIK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DANSK VVS TEKNIK ApS
DANSK VVS TEKNIK ApS (CVR number: 32940692) is a company from ODENSE. The company recorded a gross profit of -92.9 kDKK in 2024. The operating profit was -117.8 kDKK, while net earnings were -117.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.4 %, which can be considered poor and Return on Equity (ROE) was -36.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. DANSK VVS TEKNIK ApS's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 151.09 | - 310.26 | -17.54 | 237.91 | -92.92 |
| EBIT | 103.67 | - 348.85 | -48.91 | 215.76 | - 117.76 |
| Net earnings | 88.86 | - 350.66 | -49.15 | 215.19 | - 117.71 |
| Shareholders equity total | 615.99 | 215.33 | 166.18 | 381.36 | 263.65 |
| Balance sheet total (assets) | 907.15 | 497.14 | 489.82 | 697.88 | 582.45 |
| Net debt | - 238.10 | 225.59 | 167.27 | -8.69 | 19.09 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 11.9 % | -49.7 % | -9.9 % | 36.4 % | -18.4 % |
| ROE | 15.5 % | -84.4 % | -25.8 % | 78.6 % | -36.5 % |
| ROI | 12.9 % | -50.7 % | -10.2 % | 39.1 % | -19.5 % |
| Economic value added (EVA) | 66.97 | - 392.96 | -73.89 | 192.63 | - 150.10 |
| Solvency | |||||
| Equity ratio | 67.9 % | 43.3 % | 33.9 % | 54.6 % | 45.3 % |
| Gearing | 42.5 % | 130.9 % | 177.0 % | 68.7 % | 114.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.1 | 1.7 | 1.5 | 2.2 | 1.8 |
| Current ratio | 3.1 | 1.8 | 1.5 | 2.2 | 1.8 |
| Cash and cash equivalents | 499.91 | 56.22 | 126.84 | 270.85 | 283.07 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BB | BBB | BB |
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