Ovesen VVS ApS

CVR number: 37904821
Læderhatten 3, Tornbjerg 5220 Odense SØ
info@ovesenvvs.dk
tel: 41425106
www.ovesenvvs.dk

Credit rating

Company information

Official name
Ovesen VVS ApS
Personnel
3 persons
Established
2016
Domicile
Tornbjerg
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About Ovesen VVS ApS

Ovesen VVS ApS (CVR number: 37904821) is a company from ODENSE. The company recorded a gross profit of 1042.1 kDKK in 2023. The operating profit was 740.4 kDKK, while net earnings were 586.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 42.9 %, which can be considered excellent and Return on Equity (ROE) was 49.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Ovesen VVS ApS's liquidity measured by quick ratio was 3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit444.23794.461 173.90592.691 042.12
EBIT29.95314.55486.82317.18740.42
Net earnings7.56244.76375.52244.22586.30
Shareholders equity total321.72566.49942.011 186.231 172.57
Balance sheet total (assets)594.041 006.731 334.541 715.061 736.35
Net debt- 321.83- 852.84- 463.67- 398.61- 345.16
Profitability
EBIT-%
ROA5.4 %39.3 %41.6 %20.8 %42.9 %
ROE2.4 %55.1 %49.8 %23.0 %49.7 %
ROI9.2 %69.9 %63.6 %29.4 %62.5 %
Economic value added (EVA)20.62244.74393.06221.93546.59
Solvency
Equity ratio54.2 %56.3 %70.6 %69.2 %67.5 %
Gearing0.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.23.53.33.0
Current ratio2.12.33.53.33.1
Cash and cash equivalents321.83852.84463.67398.91345.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:42.9%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.5%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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