KVARTS INNOVATION ApS — Credit Rating and Financial Key Figures

CVR number: 36036575
Mosedalsvej 11, 4180 Sorø
jacob@kvartsinnovation.dk
tel: 26848080
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Company information

Official name
KVARTS INNOVATION ApS
Personnel
1 person
Established
2014
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-28.98233.41-53.61-18.89-19.22
EBIT- 222.95230.74-53.87-18.94-19.22
Net earnings- 176.66716.47511.94328.16-1 171.46
Shareholders equity total200.79867.261 266.191 476.56183.10
Balance sheet total (assets)399.00882.121 355.221 542.43480.53
Net debt115.48-78.4076.401.86261.89
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)- 171.25170.92-65.713.3128.16
Solvency
Equity ratio50.3 %98.3 %93.4 %95.7 %38.1 %
Gearing70.1 %0.2 %6.2 %3.2 %157.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.821.95.55.21.6
Current ratio2.021.95.55.21.6
Cash and cash equivalents25.2579.842.5445.4025.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-115.3%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.1%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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