Nortech VVS ApS — Credit Rating and Financial Key Figures

CVR number: 44090864
Gl Kirkevej 4, 8700 Horsens

Credit rating

Company information

Official name
Nortech VVS ApS
Personnel
1 person
Established
2023
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About Nortech VVS ApS

Nortech VVS ApS (CVR number: 44090864) is a company from HORSENS. The company recorded a gross profit of 769.6 kDKK in 2024. The operating profit was 67.2 kDKK, while net earnings were 46.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent and Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 68.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Nortech VVS ApS's liquidity measured by quick ratio was 2.1 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
2023
2024
Volume
Net sales
Gross profit442.62769.55
EBIT-34.2167.20
Net earnings-32.5246.65
Shareholders equity total635.04681.69
Balance sheet total (assets)911.09994.51
Net debt-82.69- 302.19
Profitability
EBIT-%
ROA-3.8 %7.1 %
ROE-5.1 %7.1 %
ROI-4.2 %8.1 %
Economic value added (EVA)-27.3754.60
Solvency
Equity ratio69.7 %68.5 %
Gearing1.3 %2.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.1
Current ratio1.82.1
Cash and cash equivalents91.02319.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:7.05%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.5%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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