KVARTS INNOVATION ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KVARTS INNOVATION ApS
KVARTS INNOVATION ApS (CVR number: 36036575) is a company from SORØ. The company recorded a gross profit of -19.2 kDKK in 2024. The operating profit was -19.2 kDKK, while net earnings were -1171.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -115.3 %, which can be considered poor and Return on Equity (ROE) was -141.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.1 %, 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. KVARTS INNOVATION ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -28.98 | 233.41 | -53.61 | -18.89 | -19.22 |
| EBIT | - 222.95 | 230.74 | -53.87 | -18.94 | -19.22 |
| Net earnings | - 176.66 | 716.47 | 511.94 | 328.16 | -1 171.46 |
| Shareholders equity total | 200.79 | 867.26 | 1 266.19 | 1 476.56 | 183.10 |
| Balance sheet total (assets) | 399.00 | 882.12 | 1 355.22 | 1 542.43 | 480.53 |
| Net debt | 115.48 | -78.40 | 76.40 | 1.86 | 261.89 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -37.4 % | 119.8 % | 45.8 % | 23.4 % | -115.3 % |
| ROE | -61.1 % | 134.2 % | 48.0 % | 23.9 % | -141.2 % |
| ROI | -61.9 % | 126.9 % | 46.3 % | 23.6 % | -116.9 % |
| Economic value added (EVA) | - 171.25 | 170.92 | -65.71 | 3.31 | 28.16 |
| Solvency | |||||
| Equity ratio | 50.3 % | 98.3 % | 93.4 % | 95.7 % | 38.1 % |
| Gearing | 70.1 % | 0.2 % | 6.2 % | 3.2 % | 157.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.8 | 21.9 | 5.5 | 5.2 | 1.6 |
| Current ratio | 2.0 | 21.9 | 5.5 | 5.2 | 1.6 |
| Cash and cash equivalents | 25.25 | 79.84 | 2.54 | 45.40 | 25.55 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | B |
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