KNUD VÆRUM HOLDING, ØSTRUP ApS

CVR number: 21788503
Himmerlandsgade 144, 9600 Aars
tel: 98658226

Credit rating

Company information

Official name
KNUD VÆRUM HOLDING, ØSTRUP ApS
Established
1999
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About KNUD VÆRUM HOLDING, ØSTRUP ApS

KNUD VÆRUM HOLDING, ØSTRUP ApS (CVR number: 21788503) is a company from VESTHIMMERLANDS. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a growth of 123.2 % compared to the previous year. The operating profit percentage was at 99.2 % (EBIT: 1.1 mDKK), while net earnings were 1157.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.8 %, which can be considered excellent and Return on Equity (ROE) was 52.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KNUD VÆRUM HOLDING, ØSTRUP ApS's liquidity measured by quick ratio was 24 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
20192020202120222023
Volume
Net sales- 104.58189.46323.83487.631 088.51
Gross profit- 111.83181.58315.85480.261 080.27
EBIT- 111.83181.58315.85480.261 080.27
Net earnings- 107.51185.94223.25480.071 157.08
Shareholders equity total737.99923.931 147.191 627.262 784.33
Balance sheet total (assets)750.37943.561 174.531 633.262 790.33
Net debt2.0510.3219.06-75.19-66.98
Profitability
EBIT-%95.8 %97.5 %98.5 %99.2 %
ROA-13.5 %21.9 %30.2 %34.2 %48.8 %
ROE-13.6 %22.4 %21.6 %34.6 %52.5 %
ROI-13.6 %22.0 %30.4 %34.4 %49.0 %
Economic value added (EVA)- 119.94173.68212.29490.111 195.43
Solvency
Equity ratio98.4 %97.9 %97.7 %99.6 %99.8 %
Gearing0.9 %1.5 %1.9 %
Relative net indebtedness %-7.7 %8.6 %7.7 %-14.2 %-5.6 %
Liquidity
Quick ratio15.610.03.812.524.0
Current ratio15.610.03.812.524.0
Cash and cash equivalents4.323.302.2875.1966.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-172.9 %93.6 %23.7 %14.2 %12.7 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:48.8%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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