KVERNELAND GROUP DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 14.1 mDKK in 2024, demonstrating a decline of -28.8 % compared to the previous year. The operating profit percentage was at 13.8 % (EBIT: 1.9 mDKK), while net earnings were 2425.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73.8 %, 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 3.8 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 financials| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 16 299.28 | 15 383.81 | 16 566.08 | 19 850.99 | 14 139.05 | 
| Gross profit | 16 299.28 | 15 383.81 | 16 566.08 | 19 850.99 | 14 139.05 | 
| EBIT | 2 940.80 | 1 984.13 | 2 409.27 | 3 597.30 | 1 944.30 | 
| Net earnings | 2 366.63 | 1 578.41 | 1 974.38 | 3 353.36 | 2 425.87 | 
| Shareholders equity total | 38 253.90 | 39 832.32 | 41 806.70 | 45 160.05 | 47 585.92 | 
| Balance sheet total (assets) | 60 344.22 | 72 705.02 | 85 141.95 | 65 851.24 | 64 464.53 | 
| Net debt | -17 871.99 | -14 689.77 | 3 117.98 | -30 095.10 | -21 480.76 | 
| Profitability | |||||
| EBIT-% | 18.0 % | 12.9 % | 14.5 % | 18.1 % | 13.8 % | 
| ROA | 5.8 % | 3.1 % | 3.3 % | 5.9 % | 5.0 % | 
| ROE | 6.4 % | 4.0 % | 4.8 % | 7.7 % | 5.2 % | 
| ROI | 6.4 % | 3.4 % | 3.6 % | 6.3 % | 5.3 % | 
| Economic value added (EVA) | 136.48 | -1 136.66 | -1 440.77 | -1 106.79 | -1 547.97 | 
| Solvency | |||||
| Equity ratio | 63.4 % | 54.8 % | 49.1 % | 68.6 % | 73.8 % | 
| Gearing | 36.2 % | 61.3 % | 84.0 % | 29.5 % | 24.3 % | 
| Relative net indebtedness % | -65.4 % | -49.3 % | 59.7 % | -123.4 % | -122.0 % | 
| Liquidity | |||||
| Quick ratio | 2.9 | 2.3 | 2.0 | 3.3 | 3.8 | 
| Current ratio | 3.0 | 2.3 | 2.0 | 3.5 | 4.1 | 
| Cash and cash equivalents | 31 703.37 | 39 124.59 | 32 004.90 | 43 436.03 | 33 026.51 | 
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 562.6 | 731.0 | 1 114.5 | 334.2 | 646.3 | 
| Net working capital % | 246.1 % | 267.0 % | 256.6 % | 233.0 % | 341.0 % | 
| Credit risk | |||||
| Credit rating | AA | A | A | AA | A | 
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