Kvik-rep Autoteknik ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kvik-rep Autoteknik ApS
Kvik-rep Autoteknik ApS (CVR number: 39193965) is a company from AABENRAA. The company recorded a gross profit of 588.3 kDKK in 2023, demonstrating a decline of -4.8 % compared to the previous year. The operating profit was -32.6 kDKK, while net earnings were -42.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.5 %, which can be considered poor and Return on Equity (ROE) was -37.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23.1 %, 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. Kvik-rep Autoteknik ApS's liquidity measured by quick ratio was 0.5 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 | 807.83 | 854.47 | 805.34 | 884.96 | |
Gross profit | 529.04 | 517.10 | 519.54 | 618.01 | 588.33 |
EBIT | 4.58 | -54.91 | -5.92 | -39.47 | -32.63 |
Net earnings | 0.79 | 60.25 | 4.72 | -39.11 | -42.27 |
Shareholders equity total | 106.92 | 167.17 | 171.89 | 132.79 | 90.52 |
Balance sheet total (assets) | 468.14 | 698.15 | 605.69 | 482.40 | 392.23 |
Net debt | -46.52 | - 158.66 | - 106.96 | -87.79 | -9.95 |
Profitability | |||||
EBIT-% | 0.6 % | -6.4 % | -0.7 % | -4.5 % | |
ROA | 1.1 % | 14.3 % | -0.4 % | -7.2 % | -7.5 % |
ROE | 0.7 % | 44.0 % | 2.8 % | -25.7 % | -37.9 % |
ROI | 4.3 % | 59.3 % | -1.4 % | -25.7 % | -29.2 % |
Economic value added (EVA) | 1.22 | -43.80 | -6.34 | -42.74 | -34.89 |
Solvency | |||||
Equity ratio | 22.8 % | 23.9 % | 28.4 % | 27.5 % | 23.1 % |
Gearing | |||||
Relative net indebtedness % | 39.0 % | 42.7 % | 40.6 % | 29.6 % | |
Liquidity | |||||
Quick ratio | 1.0 | 1.1 | 1.0 | 0.7 | 0.5 |
Current ratio | 1.2 | 1.2 | 1.1 | 1.0 | 0.8 |
Cash and cash equivalents | 46.52 | 158.66 | 106.96 | 87.79 | 9.95 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 39.6 | 43.4 | 39.6 | 30.2 | |
Net working capital % | 7.8 % | 11.6 % | 4.1 % | -0.4 % | |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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