Credit rating
Company information
About Andersens VVS ApS
Andersens VVS ApS (CVR number: 39437066) is a company from VARDE. The company reported a net sales of 0.8 mDKK in 2023. The operating profit percentage was at 8.5 % (EBIT: 0.1 mDKK), while net earnings were 16.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Andersens VVS ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 834.97 | ||||
Gross profit | 758.00 | 1 191.00 | 1 351.00 | 834.97 | |
EBIT | 220.00 | 308.00 | 386.00 | 196.99 | 71.24 |
Net earnings | 160.00 | 232.00 | 272.00 | 121.07 | 16.18 |
Shareholders equity total | 171.00 | 403.00 | 619.00 | 682.67 | 639.95 |
Balance sheet total (assets) | 747.00 | 1 448.00 | 1 745.00 | 2 268.06 | 2 159.36 |
Net debt | -40.00 | -72.00 | 231.00 | 858.01 | 838.86 |
Profitability | |||||
EBIT-% | 8.5 % | ||||
ROA | 46.7 % | 28.4 % | 24.2 % | 9.9 % | 3.4 % |
ROE | 175.8 % | 80.8 % | 53.2 % | 18.6 % | 2.4 % |
ROI | 88.2 % | 54.7 % | 40.4 % | 14.4 % | 5.0 % |
Economic value added (EVA) | 172.85 | 239.19 | 294.67 | 112.86 | -5.93 |
Solvency | |||||
Equity ratio | 22.9 % | 27.8 % | 35.5 % | 30.1 % | 29.6 % |
Gearing | 152.6 % | 74.2 % | 95.5 % | 125.7 % | 131.1 % |
Relative net indebtedness % | 182.0 % | ||||
Liquidity | |||||
Quick ratio | 0.9 | 1.0 | 1.3 | 0.5 | 0.7 |
Current ratio | 1.5 | 1.4 | 2.3 | 1.1 | 1.3 |
Cash and cash equivalents | 301.00 | 371.00 | 360.00 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 226.9 | ||||
Net working capital % | 27.1 % | ||||
Credit risk | |||||
Credit rating | BB | BBB | A | BBB | BBB |
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