29.02.2024 A/S — Credit Rating and Financial Key Figures

CVR number: 18487233
Olfert Fischers Vej 20, Tåsinge 5700 Svendborg
mail@kirkeby-cheese.dk
tel: 63228820

Company information

Official name
29.02.2024 A/S
Personnel
3 persons
Established
1995
Domicile
Tåsinge
Company form
Limited company
Industry

About 29.02.2024 A/S

29.02.2024 A/S (CVR number: 18487233) is a company from SVENDBORG. The company recorded a gross profit of 1308.7 kDKK in 2024. The operating profit was 112.9 kDKK, while net earnings were -8.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. 29.02.2024 A/S's liquidity measured by quick ratio was 2.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit8 588.198 227.7413 944.004 320.951 308.68
EBIT-3 496.85-3 103.942 329.62-2 642.94112.88
Net earnings-5 253.71-2 938.363 071.21-2 277.57-8.68
Shareholders equity total-2 312.90- 251.252 819.96542.39533.71
Balance sheet total (assets)36 916.3530 643.0117 169.666 227.09976.13
Net debt32 128.4627 085.629 215.085 218.24-49.24
Profitability
EBIT-%
ROA-9.0 %-8.9 %11.2 %-21.6 %3.4 %
ROE-27.8 %-8.7 %18.4 %-135.5 %-1.6 %
ROI-10.8 %-10.3 %13.6 %-28.2 %3.7 %
Economic value added (EVA)-4 633.74-2 747.392 713.92-2 324.0053.73
Solvency
Equity ratio-5.9 %-0.8 %16.4 %8.7 %54.7 %
Gearing-1399.9 %-10812.4 %329.8 %965.2 %77.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.80.42.2
Current ratio0.30.51.00.52.2
Cash and cash equivalents249.3981.0084.4216.74461.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBABBBB

Variable visualization

ROA:3.44%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.7%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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