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KVIK A/S — Credit Rating and Financial Key Figures

CVR number: 36814012
Stentoftvej 1, 7480 Vildbjerg
info@kvik.com

Income statement (mDKK)

2016
2017
2018
Fiscal period length121212
Net sales1 214.961 312.871 406.56
Other operating income2.460.6312.08
Purchases during the financial year- 770.39- 838.03- 906.91
External services- 167.63- 164.34- 168.66
Gross profit279.40311.14343.06
Employee benefit expenses- 141.70- 163.09- 156.27
Other operating expenses-0.20-0.47-1.01
Total depreciation-17.29-23.46-24.14
EBIT120.20124.12161.63
Other financial income0.150.210.75
Other financial expenses-1.50-2.87-0.61
Pre-tax profit118.85121.46161.77
Income taxes-27.42-19.41-35.86
Net earnings91.43102.04125.91

Assets (mDKK)

2016
2017
2018
Development expenditure45.8149.4248.33
Intangible assets total45.8149.4248.33
Land and waters37.7353.4452.00
Buildings6.1426.7325.45
Machinery and equipment11.9214.5318.48
Advance payments and construction in progress35.100.024.79
Tangible assets total90.8994.72100.72
Investments total
Non-current other receivables15.4912.7312.19
Long term receivables total15.4912.7312.19
Semifinished products0.240.610.06
Raw materials and consumables2.532.991.77
Finished products/goods63.9469.9366.35
Inventories total66.7173.5468.18
Current trade debtors34.0257.6358.72
Current amounts owed by group member comp.133.01117.44132.49
Prepayments and accrued income5.4113.209.13
Current other receivables47.7625.7727.94
Current deferred tax assets4.832.33
Short term receivables total220.20218.86230.61
Other current investments0.140.140.14
Cash and bank deposits11.8916.9521.03
Cash and cash equivalents12.0417.0921.17
Balance sheet total (assets)451.14466.36481.20

Equity and liabilities (mDKK)

2016
2017
2018
Share capital1.001.001.00
Shares repurchased90.00110.00120.00
Other reserves4.754.5720.80
Retained earnings4.11-3.37-37.57
Profit of the financial year91.43102.04125.91
Shareholders equity total191.30214.24230.15
Provisions11.6017.4517.46
Non-current loans from credit institutions2.831.261.29
Non-current liabilities total2.831.261.29
Current loans from credit institutions1.481.580.53
Advances received4.795.514.82
Current trade creditors152.47180.56188.69
Current owed to group member14.709.3911.50
Short-term deferred tax liabilities27.970.332.53
Other non-interest bearing current liabilities43.9936.0424.23
Current liabilities total245.41233.41232.30
Balance sheet total (liabilities)451.14466.36481.20
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