KVORNING TØMRERFIRMA ApS — Credit Rating and Financial Key Figures

CVR number: 26709458
Grønhøjvej 12, Kvorning 8830 Tjele
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Credit rating

Company information

Official name
KVORNING TØMRERFIRMA ApS
Personnel
3 persons
Established
2002
Domicile
Kvorning
Company form
Private limited company
Industry

About KVORNING TØMRERFIRMA ApS

KVORNING TØMRERFIRMA ApS (CVR number: 26709458) is a company from VIBORG. The company recorded a gross profit of 749.7 kDKK in 2023. The operating profit was -22.6 kDKK, while net earnings were -18.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.5 %, which can be considered poor and Return on Equity (ROE) was -3.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.4 %, 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. KVORNING TØMRERFIRMA ApS's liquidity measured by quick ratio was 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 sales
Gross profit451.00694.001 037.00888.00749.71
EBIT- 135.00146.00280.00106.00-22.57
Net earnings- 106.00112.00216.0078.00-18.40
Shareholders equity total546.00548.00651.00615.00478.56
Balance sheet total (assets)936.001 019.001 251.00867.00931.84
Net debt- 339.00- 722.00- 617.00- 410.00- 474.90
Profitability
EBIT-%
ROA-13.2 %14.9 %24.7 %10.0 %-2.5 %
ROE-16.2 %20.5 %36.0 %12.3 %-3.4 %
ROI-20.7 %26.7 %46.7 %16.7 %-4.1 %
Economic value added (EVA)- 118.84103.15227.0880.15-28.10
Solvency
Equity ratio58.3 %53.8 %52.0 %70.9 %51.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.32.12.13.42.0
Current ratio2.32.12.13.42.1
Cash and cash equivalents339.00722.00617.00410.00474.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-2.51%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.4%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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