KLOVBORG ApS — Credit Rating and Financial Key Figures

CVR number: 17226894
Kirsebærvej 6, Ø Hurup 8800 Viborg
klovborg@msn.com
tel: 42422005

Credit rating

Company information

Official name
KLOVBORG ApS
Personnel
1 person
Established
1993
Domicile
Ø Hurup
Company form
Private limited company
Industry

About KLOVBORG ApS

KLOVBORG ApS (CVR number: 17226894) is a company from VIBORG. The company recorded a gross profit of 59.2 kDKK in 2023. The operating profit was 6.6 kDKK, while net earnings were 102.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent and Return on Equity (ROE) was 6.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 95.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KLOVBORG ApS's liquidity measured by quick ratio was 18.2 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
2019
2020
2021
2022
2023
Volume
Net sales133.50136.50
Gross profit73.6277.8235.5149.8959.23
EBIT39.3812.13-3.4018.916.55
Net earnings-12.37107.30-77.2448.78102.43
Shareholders equity total1 532.951 640.251 563.021 611.801 714.23
Balance sheet total (assets)1 615.341 717.641 635.471 653.671 796.87
Net debt-86.14- 132.17- 207.16-1 113.10-1 311.70
Profitability
EBIT-%29.5 %8.9 %
ROA-0.9 %8.5 %-5.0 %4.2 %6.8 %
ROE-0.8 %6.8 %-4.8 %3.1 %6.2 %
ROI-1.0 %8.9 %-5.2 %4.4 %7.1 %
Economic value added (EVA)26.4111.65-4.3926.34-18.71
Solvency
Equity ratio94.9 %95.5 %95.6 %97.5 %95.4 %
Gearing0.1 %0.0 %
Relative net indebtedness %-9.2 %-47.2 %
Liquidity
Quick ratio3.24.14.634.718.2
Current ratio3.24.14.634.718.2
Cash and cash equivalents86.14132.17207.161 115.051 311.95
Capital use efficiency
Trade debtors turnover (days)387.9359.3
Net working capital %123.8 %88.4 %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:6.83%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.4%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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