FOLKMANN VVS ApS — Credit Rating and Financial Key Figures

CVR number: 28697147
Multebærvænget 32, 2650 Hvidovre
folkmannvvs@mail.dk
www.folkmann-vvs.dk

Credit rating

Company information

Official name
FOLKMANN VVS ApS
Personnel
7 persons
Established
2005
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About FOLKMANN VVS ApS

FOLKMANN VVS ApS (CVR number: 28697147) is a company from HVIDOVRE. The company recorded a gross profit of 2994.2 kDKK in 2024. The operating profit was 353.1 kDKK, while net earnings were 263.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 18.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.4 %, 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. FOLKMANN VVS ApS's liquidity measured by quick ratio was 1.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 150.692 214.692 174.562 442.632 994.18
EBIT296.15335.54301.76364.14353.08
Net earnings227.59256.59225.29276.89263.29
Shareholders equity total767.221 023.811 249.101 526.001 289.29
Balance sheet total (assets)2 427.962 175.051 916.792 501.342 719.04
Net debt- 402.04- 875.13- 652.17-1 313.77- 662.40
Profitability
EBIT-%
ROA14.3 %15.0 %14.9 %16.6 %13.6 %
ROE23.5 %28.7 %19.8 %20.0 %18.7 %
ROI29.4 %36.3 %26.0 %25.8 %22.4 %
Economic value added (EVA)211.80246.20225.93249.56259.25
Solvency
Equity ratio31.6 %47.1 %65.2 %61.0 %47.4 %
Gearing7.6 %2.1 %2.0 %1.9 %22.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.52.42.31.3
Current ratio1.21.72.82.51.5
Cash and cash equivalents460.60896.75676.721 342.36955.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:13.6%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.4%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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