KVERNELAND GROUP DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 12006675
Tårupstrandvej 25, 5300 Kerteminde

Credit rating

Company information

Official name
KVERNELAND GROUP DANMARK A/S
Personnel
13 persons
Established
1988
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About KVERNELAND GROUP DANMARK A/S

KVERNELAND GROUP DANMARK A/S (CVR number: 12006675) is a company from KERTEMINDE. The company reported a net sales of 19.9 mDKK in 2023, demonstrating a growth of 19.8 % compared to the previous year. The operating profit percentage was at 18.1 % (EBIT: 3.6 mDKK), while net earnings were 3353.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent and Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 68.6 %, 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. KVERNELAND GROUP DANMARK A/S's liquidity measured by quick ratio was 3.3 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales17 543.9316 299.2815 383.8116 566.0819 850.99
Gross profit17 543.9316 299.2815 383.8116 566.0819 850.99
EBIT4 292.002 940.801 984.132 409.273 597.30
Net earnings3 412.292 366.631 578.411 974.383 353.36
Shareholders equity total35 887.2738 253.9039 832.3241 806.7045 160.05
Balance sheet total (assets)48 011.7860 344.2272 705.0285 141.9565 851.24
Net debt-25 300.17-17 871.99-14 689.773 117.98-30 095.10
Profitability
EBIT-%24.5 %18.0 %12.9 %14.5 %18.1 %
ROA9.3 %5.8 %3.1 %3.3 %5.9 %
ROE10.0 %6.4 %4.0 %4.8 %7.7 %
ROI10.5 %6.4 %3.4 %3.6 %6.3 %
Economic value added (EVA)3 398.302 061.361 217.351 839.792 361.63
Solvency
Equity ratio74.7 %63.4 %54.8 %49.1 %68.6 %
Gearing16.7 %36.2 %61.3 %84.0 %29.5 %
Relative net indebtedness %-113.6 %-65.4 %-49.3 %59.7 %-123.4 %
Liquidity
Quick ratio4.02.92.32.03.3
Current ratio4.43.02.32.03.5
Cash and cash equivalents31 308.8431 703.3739 124.5932 004.9043 436.03
Capital use efficiency
Trade debtors turnover (days)248.2562.6731.01 114.5334.2
Net working capital %209.2 %246.1 %267.0 %256.6 %233.0 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:5.86%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.6%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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