KVIST OG KRISTENSEN A/S — Credit Rating and Financial Key Figures

CVR number: 10000769
Restrup Skovvej 36, 9240 Nibe

Credit rating

Company information

Official name
KVIST OG KRISTENSEN A/S
Personnel
34 persons
Established
1999
Company form
Limited company
Industry

About KVIST OG KRISTENSEN A/S

KVIST OG KRISTENSEN A/S (CVR number: 10000769) is a company from AALBORG. The company recorded a gross profit of 15.6 mDKK in 2023. The operating profit was 1678.7 kDKK, while net earnings were 1133.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.5 %, which can be considered excellent and Return on Equity (ROE) was 61.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.3 %, 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. KVIST OG KRISTENSEN A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit8 698.6710 824.609 577.7311 682.3615 646.37
EBIT620.271 083.82514.841 292.881 678.69
Net earnings419.58770.10340.66896.541 133.71
Shareholders equity total309.461 079.56920.221 516.762 150.47
Balance sheet total (assets)5 501.347 191.468 713.888 657.2410 608.89
Net debt176.091 260.842 243.722 615.892 015.46
Profitability
EBIT-%
ROA14.1 %17.1 %6.5 %15.0 %17.5 %
ROE23.9 %110.9 %34.1 %73.6 %61.8 %
ROI76.0 %66.0 %16.5 %31.6 %36.1 %
Economic value added (EVA)503.21782.93335.79949.631 224.36
Solvency
Equity ratio7.2 %18.4 %14.7 %17.5 %20.3 %
Gearing58.6 %117.3 %244.5 %173.0 %94.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.31.51.11.1
Current ratio1.01.11.11.21.3
Cash and cash equivalents5.155.786.148.6711.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:17.5%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.3%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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