KERTEMINDE FORSYNING - VAND A/S — Credit Rating and Financial Key Figures

CVR number: 32077412
Kohaven 12, 5300 Kerteminde
tel: 70253333

Company information

Official name
KERTEMINDE FORSYNING - VAND A/S
Established
2009
Company form
Limited company
Industry

About KERTEMINDE FORSYNING - VAND A/S

KERTEMINDE FORSYNING - VAND A/S (CVR number: 32077412) is a company from KERTEMINDE. The company reported a net sales of 15.1 mDKK in 2024, demonstrating a growth of 17.9 % compared to the previous year. The operating profit percentage was at 6.1 % (EBIT: 0.9 mDKK), while net earnings were 173 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, 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 51.7 %, 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. KERTEMINDE FORSYNING - VAND A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales13 823.2613 486.7512 503.0012 770.0015 058.00
Gross profit9 832.828 861.699 454.009 689.0010 687.00
EBIT2 229.252 470.792 203.00538.00918.00
Net earnings1 910.912 179.711 733.00- 264.00173.00
Shareholders equity total53 231.8255 411.5351 803.0051 539.0051 712.00
Balance sheet total (assets)77 495.4580 942.4492 911.0093 604.00100 067.00
Net debt20 968.4722 917.6925 727.0030 750.0031 068.00
Profitability
EBIT-%16.1 %18.3 %17.6 %4.2 %6.1 %
ROA3.1 %3.1 %2.5 %0.6 %1.2 %
ROE3.7 %4.0 %3.2 %-0.5 %0.3 %
ROI3.2 %3.2 %2.7 %0.7 %1.3 %
Economic value added (EVA)-1 048.81-1 259.27-1 733.31-3 832.74-3 252.00
Solvency
Equity ratio68.7 %68.5 %55.8 %55.1 %51.7 %
Gearing39.4 %41.4 %58.4 %61.0 %69.9 %
Relative net indebtedness %175.3 %189.3 %253.2 %324.0 %287.4 %
Liquidity
Quick ratio0.40.149.40.80.6
Current ratio0.40.149.40.80.6
Cash and cash equivalents29.735.214 546.00696.005 079.00
Capital use efficiency
Trade debtors turnover (days)10.37.349.115.97.1
Net working capital %-20.5 %-45.9 %48.8 %-6.2 %-28.3 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:1.16%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.7%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member
Board member

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