POVL KLITGAARD & CO. ApS — Credit Rating and Financial Key Figures

CVR number: 87326616
Laurentsvej 21, 2880 Bagsværd

Company information

Official name
POVL KLITGAARD & CO. ApS
Personnel
22 persons
Established
1979
Company form
Private limited company
Industry

About POVL KLITGAARD & CO. ApS

POVL KLITGAARD & CO. ApS (CVR number: 87326616) is a company from GLADSAXE. The company recorded a gross profit of 29.1 mDKK in 2023. The operating profit was 16.5 mDKK, while net earnings were 13.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 32.2 %, which can be considered excellent and Return on Equity (ROE) was 57.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.1 %, 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. POVL KLITGAARD & CO. ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit17 958.9521 886.1224 827.5226 701.3129 109.41
EBIT8 883.7312 047.0614 655.8415 671.7116 531.49
Net earnings6 991.909 599.6011 531.0612 193.7413 198.78
Shareholders equity total26 591.1230 190.7231 721.7833 915.5212 114.30
Balance sheet total (assets)39 170.3747 007.7349 578.4852 212.7754 780.60
Net debt-4 296.30571.62-4 279.31-15 915.58-6 379.07
Profitability
EBIT-%
ROA26.4 %29.1 %31.4 %31.4 %32.2 %
ROE30.3 %33.8 %37.2 %37.2 %57.3 %
ROI37.9 %40.4 %44.3 %46.5 %51.4 %
Economic value added (EVA)6 147.888 339.3410 006.2510 995.6011 979.63
Solvency
Equity ratio67.9 %64.2 %64.0 %65.0 %22.1 %
Gearing4.9 %8.5 %10.2 %173.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.01.82.00.9
Current ratio3.22.92.72.81.2
Cash and cash equivalents5 586.781 987.487 499.9815 915.5827 421.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:32.2%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.1%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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