KvistOlesen ApS — Credit Rating and Financial Key Figures

CVR number: 38767461
Gormsgade 8, 6700 Esbjerg

Company information

Official name
KvistOlesen ApS
Established
2017
Company form
Private limited company
Industry

About KvistOlesen ApS

KvistOlesen ApS (CVR number: 38767461) is a company from ESBJERG. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a growth of 17 % compared to the previous year. The operating profit percentage was at 98.4 % (EBIT: 0.9 mDKK), while net earnings were 901.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.3 %, which can be considered excellent and Return on Equity (ROE) was 54.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales809.28946.72
Gross profit-5.00-5.00-7.50800.78931.17
EBIT-5.00-5.00-7.50800.78931.17
Net earnings95.4051.40488.27797.31901.06
Shareholders equity total-68.99-17.60470.671 267.982 051.24
Balance sheet total (assets)321.05392.45888.221 809.363 321.32
Net debt355.05160.04167.54166.19245.06
Profitability
EBIT-%98.9 %98.4 %
ROA32.8 %12.6 %75.0 %59.4 %36.3 %
ROE55.8 %14.4 %113.1 %91.7 %54.3 %
ROI37.0 %19.5 %121.9 %77.3 %49.9 %
Economic value added (EVA)5.3414.4914.59842.241 002.78
Solvency
Equity ratio-17.7 %-4.3 %53.0 %70.1 %61.8 %
Gearing-514.6 %-909.6 %35.6 %13.1 %12.1 %
Relative net indebtedness %66.9 %133.9 %
Liquidity
Quick ratio0.00.00.00.20.5
Current ratio0.00.00.00.20.5
Cash and cash equivalents2.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-52.5 %-64.5 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:36.3%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.8%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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