KYRINGE VÆRKSTED ApS — Credit Rating and Financial Key Figures

CVR number: 35480382
Kyringevej 86, 4100 Ringsted
jensallan@mail.tele.dk
tel: 20863022

Credit rating

Company information

Official name
KYRINGE VÆRKSTED ApS
Established
2013
Company form
Private limited company
Industry
  • Expand more icon953190

About KYRINGE VÆRKSTED ApS

KYRINGE VÆRKSTED ApS (CVR number: 35480382) is a company from HOLBÆK. The company recorded a gross profit of 22.9 kDKK in 2023. The operating profit was 3.6 kDKK, while net earnings were 3.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak but Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 59.7 %, 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. KYRINGE VÆRKSTED ApS's liquidity measured by quick ratio was 1.6 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit67.70-6.9626.5848.4422.90
EBIT13.21-25.74-27.2816.803.64
Net earnings13.14-26.28-27.6315.873.31
Shareholders equity total100.4774.1846.5562.4265.74
Balance sheet total (assets)121.4185.38100.05145.61110.10
Net debt-26.61-33.56-34.09-44.26-47.33
Profitability
EBIT-%
ROA12.7 %-24.8 %-29.0 %13.7 %2.9 %
ROE14.0 %-30.1 %-45.8 %29.1 %5.2 %
ROI14.8 %-29.1 %-44.0 %24.7 %4.4 %
Economic value added (EVA)20.00-18.98-18.8226.6614.51
Solvency
Equity ratio82.7 %86.9 %46.5 %42.9 %59.7 %
Gearing0.3 %1.3 %1.3 %42.6 %14.3 %
Relative net indebtedness %
Liquidity
Quick ratio3.55.11.11.21.6
Current ratio4.76.91.41.41.9
Cash and cash equivalents26.9534.5434.6970.8856.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:2.86%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.7%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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