By Kavsman Group ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About By Kavsman Group ApS
By Kavsman Group ApS (CVR number: 28499108) is a company from HVIDOVRE. The company recorded a gross profit of 17.2 mDKK in 2023. The operating profit was -534.7 kDKK, while net earnings were -413.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.4 %, which can be considered poor and Return on Equity (ROE) was -13.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.5 %, 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. By Kavsman Group ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 22 710.25 | 19 150.74 | 18 455.15 | 22 541.72 | 17 164.84 |
EBIT | - 755.48 | 2 893.65 | 3 044.66 | 3 054.37 | - 534.73 |
Net earnings | - 904.35 | 1 684.98 | 1 834.25 | 2 357.09 | - 413.29 |
Shareholders equity total | 3 563.58 | 3 582.66 | 2 075.81 | 4 256.20 | 2 042.91 |
Balance sheet total (assets) | 17 544.56 | 14 974.43 | 11 969.25 | 10 962.39 | 8 026.63 |
Net debt | 6 481.75 | 4 341.31 | 2 021.86 | -1 745.59 | 761.81 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.0 % | 18.0 % | 23.0 % | 27.9 % | -5.4 % |
ROE | -18.0 % | 47.2 % | 64.8 % | 74.5 % | -13.1 % |
ROI | -4.3 % | 27.3 % | 44.4 % | 68.3 % | -13.6 % |
Economic value added (EVA) | - 899.49 | 2 052.21 | 2 186.21 | 2 085.79 | - 496.55 |
Solvency | |||||
Equity ratio | 20.3 % | 23.9 % | 17.3 % | 38.8 % | 25.5 % |
Gearing | 181.9 % | 121.2 % | 97.5 % | 6.0 % | 37.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.7 | 0.7 | 1.1 | 0.7 |
Current ratio | 0.7 | 0.8 | 0.9 | 1.4 | 1.0 |
Cash and cash equivalents | 1.84 | 1.84 | 1.84 | 2 001.04 | 0.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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