KUVIAN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KUVIAN HOLDING ApS
KUVIAN HOLDING ApS (CVR number: 28897596) is a company from VIBORG. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -10.2 % compared to the previous year. The operating profit percentage was poor at -10.4 % (EBIT: -0 mDKK), while net earnings were -32.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.8 %, which can be considered poor and Return on Equity (ROE) was -57 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.1 %, 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. KUVIAN HOLDING ApS's liquidity measured by quick ratio was 1.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 208.18 | 187.03 | |||
Gross profit | 454.16 | -62.27 | 122.58 | 19.41 | |
EBIT | - 248.84 | - 506.79 | - 185.66 | -73.79 | -19.41 |
Net earnings | - 247.66 | - 510.51 | - 187.59 | -74.49 | -32.51 |
Shareholders equity total | 956.55 | 335.44 | 147.84 | 73.35 | 40.83 |
Balance sheet total (assets) | 1 112.72 | 421.10 | 204.08 | 101.20 | 94.82 |
Net debt | - 715.29 | - 311.95 | - 101.17 | -13.77 | -8.18 |
Profitability | |||||
EBIT-% | -35.4 % | -10.4 % | |||
ROA | -19.1 % | -66.1 % | -59.4 % | -48.3 % | -19.8 % |
ROE | -21.8 % | -79.0 % | -77.6 % | -67.4 % | -57.0 % |
ROI | -21.9 % | -78.2 % | -75.4 % | -64.2 % | -32.8 % |
Economic value added (EVA) | - 262.40 | - 518.81 | - 186.71 | -75.81 | -22.28 |
Solvency | |||||
Equity ratio | 86.0 % | 79.7 % | 72.4 % | 72.5 % | 43.1 % |
Gearing | 0.2 % | 0.8 % | 4.3 % | 3.3 % | 3.8 % |
Relative net indebtedness % | 5.6 % | 23.7 % | |||
Liquidity | |||||
Quick ratio | 5.2 | 4.8 | 3.6 | 3.6 | 1.8 |
Current ratio | 5.2 | 4.8 | 3.6 | 3.6 | 1.8 |
Cash and cash equivalents | 717.28 | 314.54 | 107.57 | 16.20 | 9.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 35.2 % | 21.8 % | |||
Credit risk | |||||
Credit rating | BB | B | B | BB | BB |
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