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Quang ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Quang ApS
Quang ApS (CVR number: 37687529) is a company from HERNING. The company recorded a gross profit of 66.4 kDKK in 2024. The operating profit was 29.7 kDKK, while net earnings were -42.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was -12.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Quang ApS's liquidity measured by quick ratio was 2.1 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 | -5.31 | 560.32 | 43.99 | -53.86 | 66.39 |
| EBIT | -5.31 | 109.28 | - 222.04 | - 105.52 | 29.69 |
| Net earnings | -5.31 | 89.79 | - 174.06 | -84.52 | -42.54 |
| Shareholders equity total | -23.59 | 66.19 | - 107.87 | - 192.39 | - 234.93 |
| Balance sheet total (assets) | 2.47 | 417.09 | 447.81 | 360.68 | 308.98 |
| Net debt | 18.59 | - 173.95 | 355.24 | 381.70 | 396.09 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -22.8 % | 49.3 % | -45.7 % | -19.0 % | 5.4 % |
| ROE | -222.0 % | 261.5 % | -67.7 % | -20.9 % | -12.7 % |
| ROI | -29.0 % | 250.5 % | -95.3 % | -26.4 % | 7.5 % |
| Economic value added (EVA) | -5.18 | 91.11 | - 176.67 | -97.47 | 10.65 |
| Solvency | |||||
| Equity ratio | -90.5 % | 15.9 % | -19.4 % | -34.8 % | -43.2 % |
| Gearing | -89.3 % | -370.8 % | -207.9 % | -170.0 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 0.7 | 1.3 | 0.9 | 2.1 |
| Current ratio | 0.1 | 0.7 | 1.3 | 0.9 | 2.1 |
| Cash and cash equivalents | 2.47 | 173.95 | 44.76 | 18.30 | 3.37 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | B | B | B |
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