KERTEMINDE AUTO ApS — Credit Rating and Financial Key Figures

CVR number: 34209731
Møllevangen 11, 5300 Kerteminde

Credit rating

Company information

Official name
KERTEMINDE AUTO ApS
Personnel
3 persons
Established
2012
Company form
Private limited company
Industry

About KERTEMINDE AUTO ApS

KERTEMINDE AUTO ApS (CVR number: 34209731) is a company from KERTEMINDE. The company recorded a gross profit of 836.1 kDKK in 2023. The operating profit was 289 kDKK, while net earnings were 237.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.6 %, which can be considered excellent and Return on Equity (ROE) was 47 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KERTEMINDE AUTO ApS's liquidity measured by quick ratio was 1.7 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit317.42306.66434.39630.33836.10
EBIT152.403.83107.23218.71289.05
Net earnings141.780.3679.88164.10237.55
Shareholders equity total142.54142.90222.79386.89624.44
Balance sheet total (assets)588.32579.39721.95873.371 218.60
Net debt-13.64-2.14-54.20-21.84- 108.54
Profitability
EBIT-%
ROA26.8 %0.6 %16.5 %27.4 %27.6 %
ROE197.9 %0.3 %43.7 %53.8 %47.0 %
ROI210.0 %2.4 %58.6 %71.7 %55.4 %
Economic value added (EVA)145.81-2.6577.99160.81220.78
Solvency
Equity ratio24.2 %24.7 %30.9 %44.3 %51.2 %
Gearing5.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.61.01.31.7
Current ratio0.90.91.31.61.9
Cash and cash equivalents13.642.1454.2021.84141.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:27.6%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.2%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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