KANDI VAMDRUP ApS — Credit Rating and Financial Key Figures

CVR number: 31586976
Bavnevej 36, 6580 Vamdrup
tel: 20142883

Credit rating

Company information

Official name
KANDI VAMDRUP ApS
Personnel
10 persons
Established
2008
Company form
Private limited company
Industry
  • Expand more icon463210

About KANDI VAMDRUP ApS

KANDI VAMDRUP ApS (CVR number: 31586976) is a company from KOLDING. The company recorded a gross profit of 6417.2 kDKK in 2023. The operating profit was 1445.2 kDKK, while net earnings were 1118.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.2 %, which can be considered excellent and Return on Equity (ROE) was 21.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KANDI VAMDRUP ApS's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit4 397.345 090.535 707.256 261.236 417.21
EBIT431.66902.231 274.201 305.551 445.21
Net earnings294.68653.01951.28979.691 118.81
Shareholders equity total3 295.983 648.994 600.274 894.965 328.77
Balance sheet total (assets)6 892.908 161.788 163.498 754.359 103.63
Net debt-2 093.64-3 361.10-2 809.65-3 041.09-3 638.49
Profitability
EBIT-%
ROA6.3 %12.0 %15.6 %15.5 %16.2 %
ROE9.4 %18.8 %23.1 %20.6 %21.9 %
ROI10.6 %21.3 %25.8 %23.4 %24.8 %
Economic value added (EVA)249.90640.07976.89944.121 041.06
Solvency
Equity ratio47.8 %44.7 %56.4 %55.9 %58.5 %
Gearing7.9 %5.4 %3.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.21.31.41.5
Current ratio1.91.82.22.32.4
Cash and cash equivalents2 093.643 361.103 172.093 306.103 826.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:16.2%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.5%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

Companies in the same industry

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