KESTRUP SMEDE- & MASKINFORRETNING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KESTRUP SMEDE- & MASKINFORRETNING ApS
KESTRUP SMEDE- & MASKINFORRETNING ApS (CVR number: 32088805) is a company from HADERSLEV. The company reported a net sales of 1.8 mDKK in 2023, demonstrating a decline of -8.1 % compared to the previous year. The operating profit percentage was at 8.1 % (EBIT: 0.1 mDKK), while net earnings were 109.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 13.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.7 %, 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. KESTRUP SMEDE- & MASKINFORRETNING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 837.44 | 1 308.41 | 1 261.73 | 1 995.86 | 1 833.60 |
Gross profit | 837.44 | 1 308.41 | 1 261.73 | 1 995.86 | 1 833.60 |
EBIT | - 155.74 | 355.68 | -52.30 | 702.73 | 148.13 |
Net earnings | - 225.73 | 254.49 | - 332.27 | 604.21 | 109.06 |
Shareholders equity total | 192.95 | 447.44 | 173.66 | 777.87 | 886.93 |
Balance sheet total (assets) | 1 806.81 | 2 003.69 | 2 539.82 | 2 417.29 | 2 293.25 |
Net debt | - 172.08 | - 317.37 | - 449.16 | - 524.53 | - 599.93 |
Profitability | |||||
EBIT-% | -18.6 % | 27.2 % | -4.1 % | 35.2 % | 8.1 % |
ROA | -8.9 % | 18.7 % | 9.4 % | 25.4 % | 3.5 % |
ROE | -119.5 % | 79.5 % | -107.0 % | 127.0 % | 13.1 % |
ROI | -82.3 % | 111.1 % | -76.2 % | 118.7 % | 22.6 % |
Economic value added (EVA) | - 168.18 | 267.99 | -58.98 | 570.33 | 98.50 |
Solvency | |||||
Equity ratio | 10.7 % | 22.3 % | 6.8 % | 32.2 % | 38.7 % |
Gearing | |||||
Relative net indebtedness % | 172.2 % | 94.7 % | 134.9 % | 48.8 % | 39.8 % |
Liquidity | |||||
Quick ratio | 0.3 | 0.5 | 0.8 | 0.7 | 0.7 |
Current ratio | 1.1 | 1.3 | 1.6 | 1.8 | 1.6 |
Cash and cash equivalents | 172.08 | 317.37 | 449.16 | 524.53 | 599.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 127.0 | 136.5 | 219.3 | 85.6 | 63.4 |
Net working capital % | 17.1 % | 31.8 % | 72.4 % | 51.5 % | 44.7 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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