KvistOlesen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KvistOlesen ApS
KvistOlesen ApS (CVR number: 38767461) is a company from ESBJERG. The company reported a net sales of -0.1 mDKK in 2024, demonstrating a decline of -109.4 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were -165.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -8.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.8 %, 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. KvistOlesen ApS's liquidity measured by quick ratio was 0.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 809.28 | 946.72 | -89.32 | ||
Gross profit | -5.00 | -7.50 | 800.78 | 931.17 | - 105.32 |
EBIT | -5.00 | -7.50 | 800.78 | 931.17 | - 105.32 |
Net earnings | 51.40 | 488.27 | 797.31 | 901.06 | - 165.45 |
Shareholders equity total | -17.60 | 470.67 | 1 267.98 | 2 051.24 | 1 763.79 |
Balance sheet total (assets) | 392.45 | 888.22 | 1 809.36 | 3 321.32 | 3 850.85 |
Net debt | 160.04 | 167.54 | 166.19 | 245.06 | 331.16 |
Profitability | |||||
EBIT-% | 98.9 % | 98.4 % | |||
ROA | 12.6 % | 75.0 % | 59.4 % | 36.3 % | -2.7 % |
ROE | 14.4 % | 113.1 % | 91.7 % | 54.3 % | -8.7 % |
ROI | 19.5 % | 121.9 % | 77.3 % | 49.9 % | -4.1 % |
Economic value added (EVA) | -19.37 | -13.01 | 769.68 | 867.66 | - 243.03 |
Solvency | |||||
Equity ratio | -4.3 % | 53.0 % | 70.1 % | 61.8 % | 45.8 % |
Gearing | -909.6 % | 35.6 % | 13.1 % | 12.1 % | 19.8 % |
Relative net indebtedness % | 66.9 % | 133.9 % | -1979.7 % | ||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.2 | 0.5 | 0.5 |
Current ratio | 0.0 | 0.0 | 0.2 | 0.5 | 0.5 |
Cash and cash equivalents | 2.40 | 17.36 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -52.5 % | -64.5 % | 905.7 % | ||
Credit risk | |||||
Credit rating | BB | BBB | BBB | A | BB |
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