VIRKLUND INSTALLATIONSFORRETNING A/S — Credit Rating and Financial Key Figures

CVR number: 34303517
Knudlundvej 1, 8653 Them
tel: 86836209

Company information

Official name
VIRKLUND INSTALLATIONSFORRETNING A/S
Personnel
28 persons
Established
1971
Company form
Limited company
Industry

About VIRKLUND INSTALLATIONSFORRETNING A/S

VIRKLUND INSTALLATIONSFORRETNING A/S (CVR number: 34303517) is a company from SILKEBORG. The company recorded a gross profit of 1526 kDKK in 2024. The operating profit was -643.2 kDKK, while net earnings were -910.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.9 %, which can be considered poor and Return on Equity (ROE) was -118.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 2.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. VIRKLUND INSTALLATIONSFORRETNING A/S's liquidity measured by quick ratio was 0.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 803.942 995.12843.701 742.161 525.96
EBIT1 809.811 005.90-1 271.66- 517.76- 643.20
Net earnings1 133.40619.91-1 185.85- 712.24- 910.13
Shareholders equity total2 499.533 119.441 933.591 221.34311.62
Balance sheet total (assets)10 480.5510 535.3010 026.3410 208.5810 774.89
Net debt- 993.72- 985.473 770.584 541.635 527.03
Profitability
EBIT-%
ROA16.6 %9.9 %-12.0 %-5.0 %-5.9 %
ROE58.6 %22.1 %-46.9 %-45.2 %-118.7 %
ROI36.0 %23.8 %-21.4 %-7.6 %-9.3 %
Economic value added (EVA)1 102.01586.99-1 195.65- 696.69- 791.87
Solvency
Equity ratio27.7 %30.5 %19.7 %12.2 %2.9 %
Gearing56.7 %20.2 %195.1 %372.0 %1774.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.21.00.80.8
Current ratio1.21.51.21.11.0
Cash and cash equivalents2 411.571 614.982.101.692.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-5.94%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.95%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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