Cordt VVS ApS — Credit Rating and Financial Key Figures

CVR number: 41963832
Spånnebæk 14, 4300 Holbæk
vvs@cordtvvs.dk
tel: 24415710
www.cordtvvs.dk

Credit rating

Company information

Official name
Cordt VVS ApS
Personnel
3 persons
Established
2020
Company form
Private limited company
Industry

About Cordt VVS ApS

Cordt VVS ApS (CVR number: 41963832) is a company from HOLBÆK. The company recorded a gross profit of 1835 kDKK in 2024. The operating profit was 193 kDKK, while net earnings were 137.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.3 %, which can be considered excellent and Return on Equity (ROE) was 41.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.4 %, 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. Cordt VVS ApS's liquidity measured by quick ratio was 1.5 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
2021
2022
2023
2024
Volume
Net sales
Gross profit1 726.051 812.471 355.861 834.97
EBIT214.0798.3628.08192.96
Net earnings157.4558.976.76137.41
Shareholders equity total197.45256.42263.18400.59
Balance sheet total (assets)921.401 211.691 089.121 100.85
Net debt- 135.72- 354.61336.65-91.10
Profitability
EBIT-%
ROA23.2 %9.2 %2.4 %20.3 %
ROE79.7 %26.0 %2.6 %41.4 %
ROI108.4 %43.3 %6.6 %44.5 %
Economic value added (EVA)163.7958.927.05112.53
Solvency
Equity ratio21.4 %21.2 %24.2 %36.4 %
Gearing127.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.32.11.5
Current ratio1.31.32.21.5
Cash and cash equivalents135.72354.6191.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:20.3%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.4%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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