Kvist & Co A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kvist & Co A/S
Kvist & Co A/S (CVR number: 33047967) is a company from SILKEBORG. The company recorded a gross profit of -323.3 kDKK in 2023. The operating profit was -342 kDKK, while net earnings were -265.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.5 %, which can be considered poor and Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kvist & Co A/S's liquidity measured by quick ratio was 11.3 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 | |||||
Gross profit | 6 814.68 | 6 988.97 | 18 099.65 | - 347.80 | - 323.28 |
EBIT | - 373.52 | 2 361.56 | 15 188.65 | - 430.94 | - 342.03 |
Net earnings | - 438.78 | 1 810.45 | 11 803.85 | - 389.20 | - 265.38 |
Shareholders equity total | 551.93 | 2 362.39 | 11 981.24 | 6 592.04 | 6 326.66 |
Balance sheet total (assets) | 6 033.83 | 6 376.09 | 16 177.32 | 11 165.74 | 6 937.52 |
Net debt | 2 530.35 | - 890.11 | -6 840.61 | 245.64 | 119.52 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.7 % | 38.6 % | 134.8 % | -3.2 % | -3.5 % |
ROE | -40.5 % | 124.2 % | 164.6 % | -4.2 % | -4.1 % |
ROI | -8.4 % | 87.0 % | 210.0 % | -3.7 % | -3.5 % |
Economic value added (EVA) | - 377.22 | 1 816.58 | 11 775.71 | - 664.46 | - 390.63 |
Solvency | |||||
Equity ratio | 9.1 % | 37.1 % | 74.1 % | 59.0 % | 91.2 % |
Gearing | 465.6 % | 0.9 % | 66.8 % | 9.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.9 | 19.0 | 2.4 | 11.3 |
Current ratio | 0.8 | 1.4 | 19.0 | 2.4 | 11.3 |
Cash and cash equivalents | 39.25 | 890.11 | 6 947.36 | 4 159.28 | 465.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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