GRINDSTED VVS ApS

APSActive

CVR 25604709Østre Alle 19, 7200 GrindstedPlumbing, heat and air-conditioning installation· NACE 4322Est. 2000 · 26 years old1 employees

Overview

GRINDSTED VVS ApS is a Danish APS based in Grindsted, operating in the Plumbing, heat and air-conditioning installation sector. Incorporated in 2000, the company has 1 employee and reported a gross profit of DKK 996.7k in its latest annual filing.

Gross profit 2025

1M DKK

+94% vs 2024

EBITDA margin (of gross profit)

80.7 %

+205% vs 2024

Net profit 2025

0.6M DKK

+482% vs 2024

Key ratios

See full ratios →

64.8 %

Strong

Among the 30% highest rated companies in the industry

20212025

2.5×

Strong

Among the 30% highest rated companies in the industry

20212025

30.2 %

Very strong

Among the 20% highest rated companies in the industry

20212025

EBITDA — year on year

DKK thousands

Key figures

Annual report 2025

Gross profit	1M DKK	+94%
EBITDA	0.8M DKK	+205%
Net profit	0.6M DKK	+482%
Total assets	1.9M DKK	-1%
Equity	1.2M DKK	+87%
Employees	1	—

Financial development

In its most recent annual report (2025), GRINDSTED VVS ApS reported a gross profit of DKK 996.7k, an increase of 94% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of DKK 563.8k, and the EBITDA margin stood at 80.7%.

At the end of 2025, equity financed 64.8% of the balance sheet, and current assets covered short-term debt 2.5 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2025	2024	2023	2022	2021
Gross profit	997	514	804	2,446	1,835
Staff expenses	-186	-251	-570	-808	-609
EBITDA	805	264	234	1,638	1,226
Depreciation & amort.	-49	-86	-86	-67	-82
EBIT	756	177	148	1,571	1,144
Net financials	-33	-53	-43	-57	-44
Profit before tax	723	124	104	1,513	1,099
Tax	159	28	23	333	256
Net profit	564	97	81	1,180	843

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Balance sheet

DKK thousands

Item	2025	2024	2023	2022	2021
Total assets	1,868	1,878	2,024	2,449	3,103
Equity	1,211	647	550	1,469	1,288
Long-term debt	0	0	0	0	0
Short-term debt	641	1,217	1,456	980	1,815
Total debt	641	1,217	1,456	980	1,815

Financial ratios

5-year trend

EBITDA margin (of gross profit)

80.7 %

20212025

Equity ratio

64.8 %

Strong

Among the 30% highest rated companies in the industry

20212025

Return on equity

46.6 %

Strong

Among the 30% highest rated companies in the industry

20212025

Net profit margin (of gross profit)

56.6 %

20212025

Asset turnover (of gross profit)

0.53×

20212025

Debt / equity

0.54×

Strong

Among the 30% highest rated companies in the industry

20212025

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Strong

Among the 30% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 20% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Strong

Among the 30% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 20% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery strong

Among the 10% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioStrong

Among the 30% highest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioStrong

Among the 30% highest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery strong

Among the 20% highest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityStrong

Among the 40% highest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalAverage

Around the average of companies in the same industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioStrong

Among the 40% highest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioStrong

Among the 30% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioStrong

Among the 30% highest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityStrong

Among the 30% highest rated companies in the industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityStrong

Among the 30% highest rated companies in the industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 20% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageStrong

Among the 40% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtWeak

Among the 30% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery strong

Among the 20% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalStrong

Among the 40% highest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery strong

Among the 20% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery strong

Among the 10% highest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2025
Filed via CVR / Virk · Period 2024-10-01 – 2025-09-30
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2023-10-01 – 2024-09-30
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2022-10-01 – 2023-09-30
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-10-01 – 2022-09-30
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-10-01 – 2021-09-30
View PDF

People & ownership

Management

Actively employed in the business

No data on file.

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Frequently asked questions

What is the CVR number of GRINDSTED VVS ApS?

GRINDSTED VVS ApS is registered with CVR / Virk under CVR 25604709.

What is the gross profit of GRINDSTED VVS ApS?

GRINDSTED VVS ApS reported a gross profit of DKK 996.7k in 2025.

How many employees does GRINDSTED VVS ApS have?

GRINDSTED VVS ApS employs 1 people as of the latest annual report.

Where is GRINDSTED VVS ApS headquartered?

GRINDSTED VVS ApS's registered address is Østre Alle 19.