KT VVS ApS — Credit Rating and Financial Key Figures

CVR number: 28989989
Platanvej 15, 7400 Herning

Credit rating

Company information

Official name
KT VVS ApS
Personnel
4 persons
Established
2005
Company form
Private limited company
Industry

About KT VVS ApS

KT VVS ApS (CVR number: 28989989) is a company from HERNING. The company recorded a gross profit of 1954.5 kDKK in 2023. The operating profit was 300.8 kDKK, while net earnings were 232.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good but Return on Equity (ROE) was 23.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.1 %, 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. KT VVS ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit915.38595.81829.072 289.261 954.47
EBIT748.26433.20661.38589.88300.76
Net earnings580.50324.49511.24457.12232.11
Shareholders equity total1 224.56969.051 155.281 112.40894.51
Balance sheet total (assets)2 501.082 636.382 189.642 228.662 126.05
Net debt-1 373.73- 702.83- 851.85- 726.65- 983.45
Profitability
EBIT-%
ROA31.8 %16.9 %27.4 %26.7 %13.8 %
ROE50.1 %29.6 %48.1 %40.3 %23.1 %
ROI52.5 %28.9 %48.0 %45.0 %27.3 %
Economic value added (EVA)587.87360.84521.85450.46221.46
Solvency
Equity ratio49.0 %36.8 %52.8 %49.9 %42.1 %
Gearing26.7 %43.9 %12.7 %13.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.41.91.71.4
Current ratio1.91.52.11.91.6
Cash and cash equivalents1 701.111 128.14998.97880.69983.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:13.8%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.1%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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