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 0.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 809.28 | 946.72 | |||
Gross profit | -5.00 | -5.00 | -7.50 | 800.78 | 931.17 |
EBIT | -5.00 | -5.00 | -7.50 | 800.78 | 931.17 |
Net earnings | 95.40 | 51.40 | 488.27 | 797.31 | 901.06 |
Shareholders equity total | -68.99 | -17.60 | 470.67 | 1 267.98 | 2 051.24 |
Balance sheet total (assets) | 321.05 | 392.45 | 888.22 | 1 809.36 | 3 321.32 |
Net debt | 355.05 | 160.04 | 167.54 | 166.19 | 245.06 |
Profitability | |||||
EBIT-% | 98.9 % | 98.4 % | |||
ROA | 32.8 % | 12.6 % | 75.0 % | 59.4 % | 36.3 % |
ROE | 55.8 % | 14.4 % | 113.1 % | 91.7 % | 54.3 % |
ROI | 37.0 % | 19.5 % | 121.9 % | 77.3 % | 49.9 % |
Economic value added (EVA) | 5.34 | 14.49 | 14.59 | 842.24 | 1 002.78 |
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 ratio | 0.0 | 0.0 | 0.0 | 0.2 | 0.5 |
Current ratio | 0.0 | 0.0 | 0.0 | 0.2 | 0.5 |
Cash and cash equivalents | 2.40 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -52.5 % | -64.5 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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