Svendborg VVS ApS
Credit rating
Company information
About Svendborg VVS ApS
Svendborg VVS ApS (CVR number: 37391506) is a company from SVENDBORG. The company recorded a gross profit of 398.8 kDKK in 2023. The operating profit was -34.5 kDKK, while net earnings were -55.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.4 %, which can be considered poor and Return on Equity (ROE) was -14.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.4 %, 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. Svendborg VVS ApS's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -76.98 | 459.92 | 554.21 | 1 079.18 | 398.81 |
EBIT | -88.58 | 119.97 | 81.71 | 472.42 | -34.52 |
Net earnings | -71.21 | 89.10 | 55.26 | 352.15 | -55.06 |
Shareholders equity total | -1.99 | 87.11 | 142.37 | 441.82 | 327.86 |
Balance sheet total (assets) | 216.83 | 431.18 | 542.61 | 1 021.35 | 561.37 |
Net debt | - 115.45 | - 402.41 | - 217.93 | - 711.98 | - 396.81 |
Profitability | |||||
EBIT-% | |||||
ROA | -34.6 % | 36.9 % | 16.8 % | 60.4 % | -4.4 % |
ROE | -49.8 % | 58.6 % | 48.2 % | 120.6 % | -14.3 % |
ROI | -255.9 % | 275.4 % | 71.2 % | 161.7 % | -9.0 % |
Economic value added (EVA) | -64.27 | 100.93 | 79.24 | 365.48 | -16.17 |
Solvency | |||||
Equity ratio | -0.9 % | 20.2 % | 26.2 % | 43.3 % | 58.4 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.2 | 1.3 | 1.7 | 2.2 |
Current ratio | 0.8 | 1.2 | 1.3 | 1.7 | 2.2 |
Cash and cash equivalents | 115.45 | 402.41 | 217.93 | 711.98 | 396.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | B | BB | BB |
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