Kvist-Madsen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kvist-Madsen Holding ApS
Kvist-Madsen Holding ApS (CVR number: 29175578) is a company from DRAGØR. The company recorded a gross profit of -11 kDKK in 2023. The operating profit was -11 kDKK, while net earnings were -2109.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7 %, which can be considered poor and Return on Equity (ROE) was -10.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Kvist-Madsen Holding ApS's liquidity measured by quick ratio was 2.7 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 | |||||
Gross profit | -7.66 | -5.82 | -9.83 | - 708.74 | -11.00 |
EBIT | -7.66 | -5.82 | -9.83 | - 708.74 | -11.00 |
Net earnings | 3 125.39 | -3 732.85 | 3 869.55 | 18 420.57 | -2 109.87 |
Shareholders equity total | 3 308.49 | - 424.36 | 3 445.19 | 21 865.76 | 19 755.89 |
Balance sheet total (assets) | 9 378.00 | 9 777.20 | 9 821.85 | 28 746.85 | 26 808.30 |
Net debt | 3 931.36 | 4 328.78 | 4 449.05 | 4 663.68 | 4 901.72 |
Profitability | |||||
EBIT-% | |||||
ROA | 37.2 % | -36.6 % | 40.2 % | 96.3 % | -7.0 % |
ROE | 179.0 % | -57.1 % | 58.5 % | 145.6 % | -10.1 % |
ROI | 50.6 % | -44.7 % | 49.2 % | 106.4 % | -7.5 % |
Economic value added (EVA) | 390.44 | 216.55 | 516.42 | - 357.45 | - 460.94 |
Solvency | |||||
Equity ratio | 35.3 % | -4.2 % | 35.1 % | 76.1 % | 73.7 % |
Gearing | 130.2 % | -1040.2 % | 131.3 % | 23.1 % | 26.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.2 | 0.2 | 2.7 | 2.7 |
Current ratio | 0.3 | 0.2 | 0.2 | 2.7 | 2.7 |
Cash and cash equivalents | 375.32 | 85.56 | 75.65 | 396.66 | 284.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | BBB |
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