KVONG PRODUKTHANDEL ApS — Credit Rating and Financial Key Figures

CVR number: 30548450
Glibstrupvej 61, Kvong 6800 Varde
tel: 75254207

Company information

Official name
KVONG PRODUKTHANDEL ApS
Personnel
2 persons
Established
2007
Domicile
Kvong
Company form
Private limited company
Industry

About KVONG PRODUKTHANDEL ApS

KVONG PRODUKTHANDEL ApS (CVR number: 30548450) is a company from VARDE. The company recorded a gross profit of 1181.5 kDKK in 2023. The operating profit was 717 kDKK, while net earnings were 671.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good and Return on Equity (ROE) was 11.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KVONG PRODUKTHANDEL ApS's liquidity measured by quick ratio was 43.3 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 profit734.74670.751 476.451 353.271 181.45
EBIT540.36486.571 134.68850.24717.03
Net earnings463.20413.23931.01422.17671.13
Shareholders equity total3 757.464 170.685 101.695 523.866 195.00
Balance sheet total (assets)3 866.364 324.245 387.735 579.686 333.52
Net debt-3 150.04-3 741.28-4 737.14-4 751.54-5 339.52
Profitability
EBIT-%
ROA16.5 %13.2 %25.0 %15.5 %14.5 %
ROE13.1 %10.4 %20.1 %7.9 %11.5 %
ROI16.9 %13.5 %25.8 %15.9 %14.6 %
Economic value added (EVA)254.86188.28672.08403.49280.94
Solvency
Equity ratio97.2 %96.4 %94.7 %99.0 %97.8 %
Gearing0.6 %0.6 %0.7 %0.1 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio40.531.319.0119.743.3
Current ratio42.532.619.6124.746.0
Cash and cash equivalents3 173.993 765.864 772.644 755.165 379.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:14.5%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.8%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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