KVERNELAND GROUP KERTEMINDE A/S — Credit Rating and Financial Key Figures

CVR number: 35152113
Tårupstrandvej 25, 5300 Kerteminde
tel: 65191999

Credit rating

Company information

Official name
KVERNELAND GROUP KERTEMINDE A/S
Personnel
445 persons
Established
1967
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About KVERNELAND GROUP KERTEMINDE A/S

KVERNELAND GROUP KERTEMINDE A/S (CVR number: 35152113) is a company from KERTEMINDE. The company reported a net sales of 996.8 mDKK in 2023, demonstrating a decline of -8.1 % compared to the previous year. The operating profit percentage was at 2.1 % (EBIT: 20.6 mDKK), while net earnings were 15.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 47.7 %, 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. KVERNELAND GROUP KERTEMINDE A/S's liquidity measured by quick ratio was 0.7 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 (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales811.64774.14924.971 085.11996.83
Gross profit67.6862.08115.75128.4768.77
EBIT21.4541.0263.8374.9820.65
Net earnings11.9930.1448.8757.8015.71
Shareholders equity total124.22154.35203.22261.02276.73
Balance sheet total (assets)534.02444.56461.63633.10580.27
Net debt177.78166.97
Profitability
EBIT-%2.6 %5.3 %6.9 %6.9 %2.1 %
ROA4.1 %8.4 %14.1 %13.9 %3.7 %
ROE10.1 %21.6 %27.3 %24.9 %5.8 %
ROI4.9 %8.4 %14.1 %16.5 %4.9 %
Economic value added (EVA)16.6934.7756.0748.045.20
Solvency
Equity ratio100.0 %100.0 %100.0 %41.2 %47.7 %
Gearing68.1 %60.3 %
Relative net indebtedness %32.4 %28.2 %
Liquidity
Quick ratio0.90.7
Current ratio1.51.7
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)4.53.5
Net working capital %16.8 %20.0 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:3.74%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.7%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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