KN GULVE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KN GULVE ApS
KN GULVE ApS (CVR number: 30505255) is a company from HALSNÆS. The company reported a net sales of 0.3 mDKK in 2024, demonstrating a decline of -4.6 % compared to the previous year. The operating profit percentage was poor at -7.2 % (EBIT: -0 mDKK), while net earnings were -16.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.3 %, which can be considered poor and Return on Equity (ROE) was -6.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.2 %, 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. KN GULVE ApS's liquidity measured by quick ratio was 3.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 262.20 | 286.13 | 206.27 | 307.74 | 293.57 |
Gross profit | 92.66 | 64.95 | 36.38 | 110.10 | 58.28 |
EBIT | 33.01 | 47.43 | -29.83 | 43.29 | -21.05 |
Net earnings | 25.44 | 36.08 | -19.62 | 32.55 | -16.80 |
Shareholders equity total | 255.64 | 291.72 | 229.34 | 261.89 | 245.09 |
Balance sheet total (assets) | 336.12 | 402.15 | 239.79 | 320.20 | 349.23 |
Net debt | - 290.17 | - 381.85 | - 211.39 | - 276.97 | - 323.32 |
Profitability | |||||
EBIT-% | 12.6 % | 16.6 % | -14.5 % | 14.1 % | -7.2 % |
ROA | 11.2 % | 12.8 % | -9.1 % | 15.5 % | -6.3 % |
ROE | 10.5 % | 13.2 % | -7.5 % | 13.3 % | -6.6 % |
ROI | 13.6 % | 17.3 % | -11.2 % | 17.6 % | -8.3 % |
Economic value added (EVA) | 14.18 | 24.15 | -34.80 | 22.24 | -29.58 |
Solvency | |||||
Equity ratio | 76.1 % | 72.5 % | 95.6 % | 81.8 % | 70.2 % |
Gearing | |||||
Relative net indebtedness % | -80.0 % | -94.9 % | -97.4 % | -71.1 % | -74.7 % |
Liquidity | |||||
Quick ratio | 4.2 | 3.6 | 23.0 | 5.5 | 3.4 |
Current ratio | 4.2 | 3.6 | 23.0 | 5.5 | 3.4 |
Cash and cash equivalents | 290.17 | 381.85 | 211.39 | 276.97 | 323.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 35.7 | 14.3 | 27.2 | 1.1 | |
Net working capital % | 97.5 % | 102.0 % | 111.2 % | 85.1 % | 83.5 % |
Credit risk | |||||
Credit rating | BBB | BB | B | BB | BB |
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