IVAN KLITGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 32139140
Åbakkevej 43, Korup 5210 Odense NV

Credit rating

Company information

Official name
IVAN KLITGAARD ApS
Personnel
2 persons
Established
2009
Domicile
Korup
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About IVAN KLITGAARD ApS

IVAN KLITGAARD ApS (CVR number: 32139140) is a company from ODENSE. The company recorded a gross profit of 1056.2 kDKK in 2023. The operating profit was 350.5 kDKK, while net earnings were 261.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.7 %, which can be considered excellent and Return on Equity (ROE) was 53.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58 %, 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. IVAN KLITGAARD ApS's liquidity measured by quick ratio was 1.7 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
20192020202120222023
Volume
Net sales
Gross profit846.361 433.921 059.76907.041 056.23
EBIT176.40734.25368.22305.75350.47
Net earnings131.02563.13277.02226.32261.51
Shareholders equity total358.22791.35518.37469.69506.20
Balance sheet total (assets)750.881 584.89943.99894.91872.89
Net debt- 482.53-1 000.72- 244.85- 506.61- 567.00
Profitability
EBIT-%
ROA22.1 %62.9 %29.1 %33.3 %39.7 %
ROE31.7 %98.0 %42.3 %45.8 %53.6 %
ROI41.7 %125.3 %56.1 %57.2 %66.4 %
Economic value added (EVA)142.72578.93297.73224.74279.05
Solvency
Equity ratio47.7 %49.9 %54.9 %52.5 %58.0 %
Gearing16.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.71.51.51.7
Current ratio1.91.92.12.02.2
Cash and cash equivalents482.531 000.72244.85582.81567.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:39.7%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.0%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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