Køstmand ApS — Credit Rating and Financial Key Figures

CVR number: 38541501
Stormgade 2, 6960 Hvide Sande

Credit rating

Company information

Official name
Køstmand ApS
Personnel
89 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Køstmand ApS

Køstmand ApS (CVR number: 38541501) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 20.5 mDKK in 2023. The operating profit was 3650.9 kDKK, while net earnings were 5209.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.1 %, which can be considered excellent and Return on Equity (ROE) was 69.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 47.5 %, 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. Køstmand ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit12 788.0614 357.5816 586.513 923.2120 458.26
EBIT950.972 211.183 410.59- 725.393 650.89
Net earnings2 141.083 194.854 339.93- 411.935 209.39
Shareholders equity total7 737.498 932.3312 272.274 905.1110 114.50
Balance sheet total (assets)18 420.6819 229.0622 672.3417 887.9321 304.48
Net debt2 148.091 985.031 483.543 779.313 332.78
Profitability
EBIT-%
ROA14.3 %21.2 %26.1 %-2.2 %34.1 %
ROE27.7 %38.3 %40.9 %-4.8 %69.4 %
ROI23.0 %32.5 %35.1 %-3.1 %50.7 %
Economic value added (EVA)737.311 444.572 459.49- 818.582 687.45
Solvency
Equity ratio42.0 %46.5 %54.1 %27.4 %47.5 %
Gearing45.1 %47.2 %44.7 %128.1 %50.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.11.50.60.5
Current ratio1.41.62.01.01.0
Cash and cash equivalents1 342.782 232.324 003.892 504.281 723.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAABBBAA

Variable visualization

ROA:34.1%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.5%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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