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

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

Credit rating

Company information

Official name
VIRKLUND INSTALLATIONSFORRETNING A/S
Personnel
23 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 1742.2 kDKK in 2023. The operating profit was -517.8 kDKK, while net earnings were -712.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -45.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 12.2 %, 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-45.553 803.942 995.12843.701 742.16
EBIT-2 118.121 809.811 005.90-1 271.66- 517.76
Net earnings-2 007.811 133.40619.91-1 185.85- 712.24
Shareholders equity total1 366.132 499.533 119.441 933.591 221.34
Balance sheet total (assets)11 331.7710 480.5510 535.3010 026.3410 208.58
Net debt4 781.29- 993.72- 985.473 770.584 541.63
Profitability
EBIT-%
ROA-18.1 %16.6 %9.9 %-12.0 %-5.0 %
ROE-123.9 %58.6 %22.1 %-46.9 %-45.2 %
ROI-37.2 %36.0 %23.8 %-21.4 %-7.6 %
Economic value added (EVA)-1 746.301 342.60779.42-1 074.04- 507.01
Solvency
Equity ratio12.1 %27.7 %30.5 %19.7 %12.2 %
Gearing350.2 %56.7 %20.2 %195.1 %372.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.21.21.00.8
Current ratio1.11.21.51.21.1
Cash and cash equivalents3.312 411.571 614.982.101.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-4.96%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.2%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.