Klitgaard Smedeteknik ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Klitgaard Smedeteknik ApS
Klitgaard Smedeteknik ApS (CVR number: 41306475) is a company from BILLUND. The company recorded a gross profit of 90 kDKK in 2023. The operating profit was -62.5 kDKK, while net earnings were -53.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.2 %, which can be considered poor and Return on Equity (ROE) was -47.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.8 %, 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. Klitgaard Smedeteknik ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 250.75 | 196.66 | 90.02 |
EBIT | 207.88 | 34.30 | -62.54 |
Net earnings | 160.44 | 25.95 | -53.90 |
Shareholders equity total | 200.44 | 169.90 | 58.79 |
Balance sheet total (assets) | 258.08 | 232.04 | 211.37 |
Net debt | - 166.50 | -19.54 | 89.22 |
Profitability | |||
EBIT-% | |||
ROA | 80.6 % | 14.0 % | -28.2 % |
ROE | 80.0 % | 14.0 % | -47.1 % |
ROI | 102.7 % | 16.6 % | -32.4 % |
Economic value added (EVA) | 161.70 | 24.98 | -54.69 |
Solvency | |||
Equity ratio | 77.7 % | 73.2 % | 27.8 % |
Gearing | 24.3 % | 197.1 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 3.0 | 1.4 | 0.7 |
Current ratio | 3.0 | 1.4 | 0.7 |
Cash and cash equivalents | 166.50 | 60.78 | 26.68 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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