VILHELM KIERS FOND — Credit Rating and Financial Key Figures

CVR number: 11688578
Beringvej 25, Kattrup 8361 Hasselager

Credit rating

Company information

Official name
VILHELM KIERS FOND
Personnel
3 persons
Established
1999
Domicile
Kattrup
Industry
  • Expand more icon88Social work activities without accommodation

About VILHELM KIERS FOND

VILHELM KIERS FOND (CVR number: 11688578K) is a company from AARHUS. The company reported a net sales of 415.5 mDKK in 2023, demonstrating a decline of -25.1 % compared to the previous year. The operating profit percentage was poor at -1.3 % (EBIT: -5.2 mDKK), while net earnings were -4912.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53 %, 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. VILHELM KIERS FOND's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales378.69342.01441.84554.37415.50
Gross profit56.9353.0577.9769.9048.51
EBIT-7.732.2321.7714.93-5.23
Net earnings-5.721.2517.6511.79-4.91
Shareholders equity total71.2472.3489.94100.3594.34
Balance sheet total (assets)169.01153.92193.82197.98177.88
Net debt58.2141.4136.4146.3342.29
Profitability
EBIT-%-2.0 %0.7 %4.9 %2.7 %-1.3 %
ROA-3.1 %2.1 %13.5 %8.5 %-2.3 %
ROE-7.6 %1.7 %21.7 %12.4 %-5.0 %
ROI-4.0 %2.7 %19.3 %12.1 %-3.0 %
Economic value added (EVA)-10.83-3.2512.736.34-10.06
Solvency
Equity ratio42.2 %47.0 %46.5 %50.8 %53.0 %
Gearing82.1 %58.3 %41.1 %46.5 %45.1 %
Relative net indebtedness %25.8 %23.6 %23.4 %17.6 %20.0 %
Liquidity
Quick ratio0.91.11.01.01.1
Current ratio1.82.12.02.12.1
Cash and cash equivalents0.250.770.510.290.26
Capital use efficiency
Trade debtors turnover (days)52.252.854.745.249.8
Net working capital %15.2 %17.5 %17.9 %15.2 %17.5 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:-2.25%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.0%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

Companies in the same industry

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