SOLID VVS ApS

APSIn liquidationAdvertising protection

CVR 29226482Ved Skovgærdet 71, 3400 HillerødPlumbing, heat and air-conditioning installation· NACE 4322Est. 2006 · 20 years old1 employees

Overview

SOLID VVS ApS is a Danish APS based in Hillerød, operating in the Plumbing, heat and air-conditioning installation sector. Incorporated in 2006, the company has 1 employee and reported a gross profit of DKK 410.0k in its latest annual filing.

Gross profit 2024

410K DKK

−34% vs 2023

EBITDA margin (of gross profit)

−33.4 %

−513% vs 2023

Net profit 2024

-146.8K DKK

-735% vs 2023

Key ratios

See full ratios →

13.3 %

Weak

Among the 30% lowest rated companies in the industry

20202024

0.8×

Very weak

Among the 20% lowest rated companies in the industry

20202024

-49.2 %

Very weak

Among the 10% lowest rated companies in the industry

20202024

EBITDA — year on year

DKK thousands

Key figures

Annual report 2024

Gross profit	410K DKK	-34%
EBITDA	-136.8K DKK	-513%
Net profit	-146.8K DKK	-735%
Total assets	298.4K DKK	-16%
Equity	39.6K DKK	-79%
Employees	1	—

Contact

Address

Ved Skovgærdet 71, 3400 Hillerød

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2024), SOLID VVS ApS reported a gross profit of DKK 410.0k, a decrease of 34% on the year before. The figures on this page draw on 5 annual filings covering 2020 to 2024. The bottom line showed a net loss of DKK 146.8k, and the EBITDA margin stood at -33.4%.

At the end of 2024, equity financed 13.3% of the balance sheet, and current assets covered short-term debt 0.8 times.

Financials

Gross profit

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2024	2023	2022	2021	2020
Gross profit	410	622	571	965	-3
Staff expenses	-547	-589	-539	-414	-0
EBITDA	-137	33	18	551	-3
Depreciation & amort.	-2	-0	-0	-0	-0
EBIT	-139	33	18	551	-3
Net financials	-1	-1	-9	-0	34
Profit before tax	-139	32	9	551	31
Tax	8	9	2	109	7
Net profit	-147	23	7	455	24

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Balance sheet

DKK thousands

Item	2024	2023	2022	2021	2020
Total assets	298	355	506	1,411	841
Equity	40	186	163	1,106	756
Long-term debt	0	0	0	0	0
Short-term debt	259	168	342	304	86
Total debt	259	168	342	304	86

Financial ratios

5-year trend

EBITDA margin (of gross profit)

-33.4 %

20202024

Equity ratio

13.3 %

Weak

Among the 30% lowest rated companies in the industry

20202024

Return on equity

-370.8 %

Very weak

Among the 10% lowest rated companies in the industry

20202024

Net profit margin (of gross profit)

-35.8 %

20202024

Asset turnover (of gross profit)

1.37×

20202024

Debt / equity

6.54×

Very weak

Among the 10% lowest rated companies in the industry

20202024

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)Very weak

Among the 10% lowest 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 weak

Among the 10% lowest 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)Very weak

Among the 10% lowest 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 weak

Among the 10% lowest 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 weak

Among the 20% lowest 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 ratioVery weak

Among the 20% lowest 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 ratioWeak

Among the 30% lowest 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 ratioAverage

Around the average of companies in the same industry

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

Current assets to equityVery weak

Among the 20% lowest 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 capitalVery weak

Among the 10% lowest rated companies in the 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 ratioWeak

Among the 30% lowest rated companies in the industry

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

Debt & solvency

Solidity ratioWeak

Among the 30% lowest 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 ratioWeak

Among the 30% lowest 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 equityVery weak

Among the 10% lowest rated companies in the industry

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

Liabilities to equityVery weak

Among the 10% lowest 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 weak

Among the 10% lowest rated companies in the industry

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

EBITDA to debtVery weak

Among the 10% lowest rated companies in the industry

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

Interest coverageVery weak

Among the 10% lowest rated companies in the industry

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

Interest rate on debtStrong

Among the 30% highest rated companies in the industry

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

Interest marginVery weak

Among the 10% lowest 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 capitalVery weak

Among the 20% lowest 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 weak

Among the 10% lowest rated companies in the industry

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

One-year change in debtVery weak

Among the 20% lowest 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 2024
Filed via CVR / Virk · Period 2023-07-01 – 2024-06-30
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2022-07-01 – 2023-06-30
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2021-07-01 – 2022-06-30
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2020-07-01 – 2021-06-30
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2019-07-01 – 2020-06-30
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (3)


BR Bjarke Rymkier Springstrup Chief Executive Officer	Chief Executive Officer	2006 – 2024
PM Per Meldhedegaard Olsen Audit	Audit	2006 – 2014
MP Michael Pilegaard Hansen Liquidator	Liquidator	2024 – 2025

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Bjarke Rymkier Springstrup	Individual	100%	100%	2006

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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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of SOLID VVS ApS also hold positions in 13 other companies.

Person	Role here	Other companies
Per Meldhedegaard Olsen	Audit	5 companies
Michael Pilegaard Hansen	Liquidator	5 companies
Bjarke Rymkier Springstrup	Chief Executive Officer	3 companies

Frequently asked questions

What is the CVR number of SOLID VVS ApS?

SOLID VVS ApS is registered with CVR / Virk under CVR 29226482.

What is the gross profit of SOLID VVS ApS?

SOLID VVS ApS reported a gross profit of DKK 410.0k in 2024.

How many employees does SOLID VVS ApS have?

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

Where is SOLID VVS ApS headquartered?

SOLID VVS ApS's registered address is Ved Skovgærdet 71.