KD HARDWOOD ApS — Credit Rating and Financial Key Figures

CVR number: 29827303
Selkærvej 24, Selkær 8585 Glesborg
tel: 20195237

Credit rating

Company information

Official name
KD HARDWOOD ApS
Personnel
1 person
Established
2006
Domicile
Selkær
Company form
Private limited company
Industry
  • Expand more icon16Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

About KD HARDWOOD ApS

KD HARDWOOD ApS (CVR number: 29827303) is a company from NORDDJURS. The company recorded a gross profit of 19.7 kDKK in 2023. The operating profit was -14.6 kDKK, while net earnings were -14.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.2 %, which can be considered poor and Return on Equity (ROE) was -6.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KD HARDWOOD ApS's liquidity measured by quick ratio was 7.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit196.69110.52279.3364.6019.71
EBIT151.1959.50231.3823.53-14.62
Net earnings117.6546.89179.2617.61-14.26
Shareholders equity total374.97221.86351.12218.72204.47
Balance sheet total (assets)463.20317.46429.21314.24233.69
Net debt- 303.52-99.25- 319.98-32.52- 157.14
Profitability
EBIT-%
ROA37.4 %15.2 %62.0 %6.3 %-5.2 %
ROE37.2 %15.7 %62.6 %6.2 %-6.7 %
ROI45.7 %18.0 %73.1 %7.4 %-6.0 %
Economic value added (EVA)115.6744.07176.5216.89-21.38
Solvency
Equity ratio81.0 %69.9 %81.8 %69.6 %87.5 %
Gearing3.9 %21.6 %3.6 %23.6 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio7.53.214.23.17.1
Current ratio8.23.615.23.47.8
Cash and cash equivalents318.17147.19332.5484.24158.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-5.20%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.5%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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