Kongsvang Cleaning & Facility A/S
Credit rating
Company information
About Kongsvang Cleaning & Facility A/S
Kongsvang Cleaning & Facility A/S (CVR number: 28689276) is a company from AARHUS. The company reported a net sales of 367.7 mDKK in 2023, demonstrating a growth of 18.2 % compared to the previous year. The operating profit percentage was at 2.9 % (EBIT: 10.6 mDKK), while net earnings were 8646.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent and Return on Equity (ROE) was 20.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.5 %, 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. Kongsvang Cleaning & Facility A/S's liquidity measured by quick ratio was 2.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 311 083.75 | 367 701.69 | |||
Gross profit | 175 210.09 | 207 219.24 | 247 060.28 | 258 893.14 | 297 719.63 |
EBIT | 4 498.34 | 9 897.20 | 16 084.15 | 6 991.85 | 10 643.67 |
Net earnings | 3 436.41 | 7 758.88 | 12 739.16 | 5 652.67 | 8 646.85 |
Shareholders equity total | 12 775.15 | 19 534.02 | 32 273.18 | 37 925.85 | 46 572.69 |
Balance sheet total (assets) | 31 568.64 | 52 275.32 | 50 208.98 | 66 186.91 | 78 279.89 |
Net debt | -1 915.00 | 10 767.62 | 1 200.25 | 4 138.29 | -2 610.88 |
Profitability | |||||
EBIT-% | 2.2 % | 2.9 % | |||
ROA | 13.8 % | 24.0 % | 32.2 % | 12.7 % | 15.5 % |
ROE | 28.5 % | 48.0 % | 49.2 % | 16.1 % | 20.5 % |
ROI | 28.0 % | 46.1 % | 51.6 % | 19.5 % | 25.0 % |
Economic value added (EVA) | 3 202.20 | 7 204.40 | 11 560.72 | 3 834.19 | 6 386.08 |
Solvency | |||||
Equity ratio | 42.0 % | 37.4 % | 64.3 % | 57.3 % | 59.5 % |
Gearing | 4.2 % | 55.1 % | 4.0 % | 10.9 % | 1.5 % |
Relative net indebtedness % | 9.1 % | 7.7 % | |||
Liquidity | |||||
Quick ratio | 1.7 | 1.6 | 2.6 | 2.1 | 2.3 |
Current ratio | 1.6 | 1.6 | 2.6 | 2.2 | 2.3 |
Cash and cash equivalents | 2 452.55 | 100.32 | 3 310.47 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 40.9 | 41.3 | |||
Net working capital % | 10.6 % | 11.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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