Qinyang ApS — Credit Rating and Financial Key Figures

CVR number: 40796673
Kongevejs-Centret 2, 2970 Hørsholm

Credit rating

Company information

Official name
Qinyang ApS
Personnel
9 persons
Established
2019
Company form
Private limited company
Industry

About Qinyang ApS

Qinyang ApS (CVR number: 40796673) is a company from HØRSHOLM. The company recorded a gross profit of 2282.3 kDKK in 2024. The operating profit was 455.7 kDKK, while net earnings were 355.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34 %, which can be considered excellent and Return on Equity (ROE) was 45.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Qinyang ApS's liquidity measured by quick ratio was 2.6 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 780.601 763.251 666.312 098.182 282.35
EBIT409.84249.68-95.44171.58455.75
Net earnings318.76191.16-79.71133.76355.81
Shareholders equity total358.76549.91470.20603.97959.78
Balance sheet total (assets)853.44872.00857.351 219.021 462.19
Net debt- 300.62- 381.53- 326.67- 827.25-1 125.33
Profitability
EBIT-%
ROA48.0 %28.9 %-11.0 %16.5 %34.0 %
ROE88.9 %42.1 %-15.6 %24.9 %45.5 %
ROI113.5 %54.7 %-18.7 %31.9 %58.3 %
Economic value added (EVA)318.76190.97-83.44126.60366.68
Solvency
Equity ratio42.0 %63.1 %54.8 %49.5 %65.6 %
Gearing0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.61.51.62.6
Current ratio0.91.61.51.72.7
Cash and cash equivalents300.62381.89326.67827.741 125.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:34.0%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.6%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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