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

About IVAN KLITGAARD ApS

IVAN KLITGAARD ApS (CVR number: 32139140) is a company from ODENSE. The company recorded a gross profit of 1125.9 kDKK in 2024. The operating profit was 376.8 kDKK, while net earnings were 286.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.9 %, which can be considered excellent and Return on Equity (ROE) was 55.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.1 %, 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 1.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 433.921 059.76907.041 056.231 125.92
EBIT734.25368.22305.75350.47376.79
Net earnings563.13277.02226.32261.51286.43
Shareholders equity total791.35518.37469.69506.20532.63
Balance sheet total (assets)1 584.89943.99894.91872.89932.86
Net debt-1 000.72- 244.85- 506.61- 567.00- 600.36
Profitability
EBIT-%
ROA62.9 %29.1 %33.3 %39.7 %41.9 %
ROE98.0 %42.3 %45.8 %53.6 %55.1 %
ROI125.3 %56.1 %57.2 %66.4 %72.7 %
Economic value added (EVA)554.68247.41212.31245.84268.40
Solvency
Equity ratio49.9 %54.9 %52.5 %58.0 %57.1 %
Gearing16.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.51.51.71.6
Current ratio1.92.12.02.22.2
Cash and cash equivalents1 000.72244.85582.81567.00600.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:41.9%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.1%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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