KV INDUSTRIES ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KV INDUSTRIES ApS
KV INDUSTRIES ApS (CVR number: 36039922) is a company from FAVRSKOV. The company recorded a gross profit of -11.3 kDKK in 2023. The operating profit was -11.3 kDKK, while net earnings were 6.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 23.8 %, 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. KV INDUSTRIES ApS's liquidity measured by quick ratio was 1.3 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 | |||||
| Gross profit | -3.78 | -3.78 | -6.30 | -16.29 | -11.29 |
| EBIT | -3.78 | -3.78 | -6.30 | -16.29 | -11.29 |
| Net earnings | -4.44 | -3.85 | 1 937.64 | 75.04 | 6.28 |
| Shareholders equity total | 29.59 | 25.74 | 1 963.38 | 2 038.41 | 2 044.69 |
| Balance sheet total (assets) | 2 091.75 | 8 076.59 | 10 397.99 | 9 928.99 | 8 604.46 |
| Net debt | 2 056.01 | 8 042.56 | 8 419.21 | 7 818.08 | 6 525.10 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 0.3 % | 0.1 % | 21.5 % | 1.3 % | 0.4 % |
| ROE | -14.0 % | -13.9 % | 194.8 % | 3.8 % | 0.3 % |
| ROI | 0.3 % | 0.1 % | 21.5 % | 1.3 % | 0.4 % |
| Economic value added (EVA) | 6.46 | 6.86 | 5.66 | - 107.02 | - 108.48 |
| Solvency | |||||
| Equity ratio | 1.4 % | 0.3 % | 18.9 % | 20.5 % | 23.8 % |
| Gearing | 6960.2 % | 31269.1 % | 429.0 % | 383.7 % | 319.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.9 | 1.0 | 1.2 | 1.3 | 1.3 |
| Current ratio | 0.9 | 1.0 | 1.2 | 1.3 | 1.3 |
| Cash and cash equivalents | 3.65 | 5.79 | 4.15 | 2.55 | 0.53 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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