IVAN KLITGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32101402
Åbakkevej 43, Korup 5210 Odense NV

Company information

Official name
IVAN KLITGAARD HOLDING ApS
Established
2009
Domicile
Korup
Company form
Private limited company
Industry

About IVAN KLITGAARD HOLDING ApS

IVAN KLITGAARD HOLDING ApS (CVR number: 32101402) is a company from ODENSE. The company recorded a gross profit of 617.7 kDKK in 2024. The operating profit was 228.7 kDKK, while net earnings were 1034.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, which can be considered good and Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74 %, 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. IVAN KLITGAARD HOLDING ApS's liquidity measured by quick ratio was 8.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit589.71593.59614.57627.92617.68
EBIT263.88273.73211.42257.21228.66
Net earnings1 075.911 120.08716.731 078.281 034.91
Shareholders equity total4 596.485 490.566 092.896 761.177 396.08
Balance sheet total (assets)8 315.138 998.319 230.359 719.809 999.43
Net debt2 038.412 548.91672.13- 708.09-1 342.34
Profitability
EBIT-%
ROA15.6 %14.4 %10.8 %13.0 %12.0 %
ROE26.2 %22.2 %12.4 %16.8 %14.6 %
ROI16.3 %15.1 %11.2 %13.4 %12.3 %
Economic value added (EVA)- 143.16- 184.44- 267.77- 248.54- 293.29
Solvency
Equity ratio55.3 %61.0 %66.0 %69.6 %74.0 %
Gearing72.5 %56.3 %46.8 %38.5 %31.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.93.95.86.18.1
Current ratio2.93.95.86.18.1
Cash and cash equivalents1 294.43543.272 177.113 312.113 698.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:12.0%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.0%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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