KVA Vind Service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KVA Vind Service ApS
KVA Vind Service ApS (CVR number: 39201542) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 458.6 kDKK in 2023. The operating profit was 25.5 kDKK, while net earnings were -4.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.1 %, 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. KVA Vind Service ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 946.86 | 1 321.63 | 564.74 | 368.34 | 458.58 |
EBIT | 202.04 | 763.16 | 129.99 | - 125.14 | 25.52 |
Net earnings | 112.20 | 587.72 | 109.94 | -65.18 | -4.92 |
Shareholders equity total | 160.84 | 748.56 | 858.51 | 793.33 | 788.41 |
Balance sheet total (assets) | 1 678.19 | 2 148.87 | 2 561.73 | 2 755.04 | 3 135.14 |
Net debt | 1 248.41 | 620.44 | 740.25 | 1 602.35 | 1 594.47 |
Profitability | |||||
EBIT-% | |||||
ROA | 20.1 % | 42.5 % | 8.1 % | -1.7 % | 1.2 % |
ROE | 107.1 % | 129.3 % | 13.7 % | -7.9 % | -0.6 % |
ROI | 27.8 % | 58.6 % | 12.9 % | -2.3 % | 1.5 % |
Economic value added (EVA) | 158.18 | 585.04 | 61.78 | - 131.99 | -14.34 |
Solvency | |||||
Equity ratio | 9.6 % | 34.8 % | 33.5 % | 28.8 % | 25.1 % |
Gearing | 776.2 % | 82.9 % | 86.2 % | 202.0 % | 202.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 1.0 | 1.2 | 1.3 | 1.2 |
Current ratio | 1.1 | 1.5 | 1.5 | 1.4 | 1.3 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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