LYNGSØ VVS ApS — Credit Rating and Financial Key Figures

CVR number: 29611777
Smedebakken 8, 8700 Horsens

Credit rating

Company information

Official name
LYNGSØ VVS ApS
Personnel
12 persons
Established
2006
Company form
Private limited company
Industry

About LYNGSØ VVS ApS

LYNGSØ VVS ApS (CVR number: 29611777) is a company from HORSENS. The company recorded a gross profit of 6844.4 kDKK in 2023. The operating profit was 1596.4 kDKK, while net earnings were 1069.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.1 %, which can be considered excellent and Return on Equity (ROE) was 67.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.6 %, 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. LYNGSØ VVS ApS's liquidity measured by quick ratio was 1.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 778.324 797.027 102.926 991.796 844.35
EBIT86.72795.251 469.061 239.771 596.37
Net earnings55.60563.971 100.37929.111 069.28
Shareholders equity total457.79966.471 566.841 495.951 665.23
Balance sheet total (assets)2 542.383 543.685 468.984 802.424 105.95
Net debt- 245.44- 965.93-1 936.39-62.44-1 268.13
Profitability
EBIT-%
ROA3.9 %26.5 %32.9 %24.7 %36.1 %
ROE11.3 %79.2 %86.9 %60.7 %67.7 %
ROI15.0 %82.3 %90.5 %64.1 %78.2 %
Economic value added (EVA)72.13588.321 139.22983.251 175.15
Solvency
Equity ratio18.5 %27.3 %28.6 %31.1 %40.6 %
Gearing13.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.41.31.21.6
Current ratio1.21.51.41.41.7
Cash and cash equivalents245.44965.931 936.39263.781 268.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:36.1%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.6%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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