KOVO PARK ApS — Credit Rating and Financial Key Figures

CVR number: 33377428
Golfvænget 7, Hjørring 9800 Hjørring

Company information

Official name
KOVO PARK ApS
Established
2010
Domicile
Hjørring
Company form
Private limited company
Industry

About KOVO PARK ApS

KOVO PARK ApS (CVR number: 33377428) is a company from HJØRRING. The company recorded a gross profit of 1519 kDKK in 2024. The operating profit was 2204 kDKK, while net earnings were 296.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 23.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KOVO PARK ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit873.02872.14652.562 260.151 519.04
EBIT1 239.16887.14502.281 598.762 204.04
Net earnings2 895.481 087.041 495.195 183.14296.92
Shareholders equity total9 312.688 399.7111 460.0211 443.1611 740.08
Balance sheet total (assets)30 108.5630 002.2243 547.0256 825.7649 616.43
Net debt19 105.6518 613.8129 276.0834 826.2630 992.46
Profitability
EBIT-%
ROA11.3 %4.6 %4.9 %17.3 %4.4 %
ROE36.1 %12.3 %15.1 %45.3 %2.6 %
ROI11.5 %4.8 %5.2 %19.4 %5.2 %
Economic value added (EVA)- 378.44- 796.41-1 011.68- 839.21- 869.73
Solvency
Equity ratio30.9 %28.0 %26.3 %20.1 %23.7 %
Gearing211.1 %224.8 %256.8 %312.5 %265.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.20.10.40.2
Current ratio0.60.20.10.40.2
Cash and cash equivalents551.81265.27156.76934.97180.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.42%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.7%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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