VVS PRODUKTER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About VVS PRODUKTER ApS
VVS PRODUKTER ApS (CVR number: 29773165) is a company from GRIBSKOV. The company recorded a gross profit of 667.6 kDKK in 2023. The operating profit was -475.5 kDKK, while net earnings were -395.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.4 %, which can be considered poor and Return on Equity (ROE) was -12.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.4 %, 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. VVS PRODUKTER ApS's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 072.85 | 1 503.52 | 1 702.87 | 2 243.64 | 667.63 |
EBIT | 396.68 | 259.07 | 352.92 | 1 023.10 | - 475.50 |
Net earnings | 410.72 | 260.12 | 254.29 | 773.36 | - 395.21 |
Shareholders equity total | 1 820.57 | 2 225.76 | 2 480.05 | 3 253.41 | 2 858.20 |
Balance sheet total (assets) | 1 983.62 | 4 254.81 | 4 560.80 | 4 970.23 | 4 180.41 |
Net debt | -1 476.65 | -83.99 | 793.46 | 99.94 | 170.03 |
Profitability | |||||
EBIT-% | |||||
ROA | 28.2 % | 12.3 % | 8.0 % | 21.5 % | -10.4 % |
ROE | 24.6 % | 12.9 % | 10.8 % | 27.0 % | -12.9 % |
ROI | 31.7 % | 15.4 % | 10.8 % | 27.8 % | -12.5 % |
Economic value added (EVA) | 292.89 | 183.95 | 222.31 | 689.21 | - 492.31 |
Solvency | |||||
Equity ratio | 91.8 % | 52.3 % | 54.4 % | 65.5 % | 68.4 % |
Gearing | 0.4 % | 40.8 % | 36.1 % | 22.4 % | 26.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.9 | 0.9 | 1.1 | 1.3 | 1.2 |
Current ratio | 12.2 | 1.9 | 2.1 | 2.8 | 3.0 |
Cash and cash equivalents | 1 484.64 | 992.20 | 101.00 | 627.97 | 597.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BBB |
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