KVISGAARD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KVISGAARD A/S
KVISGAARD A/S (CVR number: 28504519) is a company from KØGE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -8 kDKK, while net earnings were 39.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was 6.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 23.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KVISGAARD A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 074.16 | 1 346.89 | |||
Gross profit | 325.54 | 352.72 | 915.81 | 1 388.07 | |
EBIT | 60.83 | 9.62 | 142.58 | -19.13 | -8.00 |
Net earnings | 78.88 | 18.34 | 101.14 | -39.26 | 39.83 |
Shareholders equity total | 553.51 | 604.88 | 729.51 | 690.80 | 529.52 |
Balance sheet total (assets) | 1 314.58 | 1 585.89 | 2 117.74 | 2 568.51 | 2 253.90 |
Net debt | 289.32 | 285.62 | 594.16 | 685.70 | 1 717.27 |
Profitability | |||||
EBIT-% | 5.7 % | 0.7 % | |||
ROA | 8.4 % | 2.3 % | 7.7 % | -0.6 % | 2.6 % |
ROE | 15.2 % | 3.2 % | 15.2 % | -5.5 % | 6.5 % |
ROI | 8.9 % | 2.4 % | 7.9 % | -1.0 % | 2.7 % |
Economic value added (EVA) | 40.07 | 0.13 | 117.32 | -12.70 | 21.16 |
Solvency | |||||
Equity ratio | 42.1 % | 38.1 % | 34.4 % | 26.9 % | 23.5 % |
Gearing | 125.8 % | 153.8 % | 185.3 % | 250.0 % | 325.6 % |
Relative net indebtedness % | 33.0 % | 24.9 % | |||
Liquidity | |||||
Quick ratio | 0.5 | 0.7 | 0.6 | 0.6 | 1.2 |
Current ratio | 0.6 | 0.7 | 0.7 | 0.7 | 1.2 |
Cash and cash equivalents | 406.74 | 644.99 | 757.51 | 1 041.10 | 7.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -47.2 % | -36.6 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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