Kelvin A/S — Credit Rating and Financial Key Figures

CVR number: 42396745
Bisgården 2, 7500 Holstebro
jbj@b-t.dk
tel: 30327436

Credit rating

Company information

Official name
Kelvin A/S
Personnel
5 persons
Established
2021
Company form
Limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Kelvin A/S

Kelvin A/S (CVR number: 42396745) is a company from HOLSTEBRO. The company recorded a gross profit of 4029.3 kDKK in 2024. The operating profit was 1130.2 kDKK, while net earnings were 905.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 44.3 %, which can be considered excellent and Return on Equity (ROE) was 53.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.1 %, 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. Kelvin A/S's liquidity measured by quick ratio was 3.4 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
2022
2023
2024
Volume
Net sales
Gross profit2 211.091 034.374 029.26
EBIT904.97194.451 130.22
Net earnings695.68153.71905.57
Shareholders equity total1 095.681 249.392 154.96
Balance sheet total (assets)1 391.882 003.503 239.49
Net debt-1 368.82-1 110.96-1 276.59
Profitability
EBIT-%
ROA65.0 %11.6 %44.3 %
ROE63.5 %13.1 %53.2 %
ROI82.6 %16.8 %66.0 %
Economic value added (EVA)704.78165.40873.46
Solvency
Equity ratio78.7 %62.4 %67.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.72.73.4
Current ratio4.72.73.3
Cash and cash equivalents1 368.821 110.961 276.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:44.3%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.1%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

Companies in the same industry

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