KVÆRNO PLAST ApS — Credit Rating and Financial Key Figures

CVR number: 28113315
Tingstenen 12, Reerslev 2640 Hedehusene
kvaerno@post12.tele.dk
tel: 40152575

Credit rating

Company information

Official name
KVÆRNO PLAST ApS
Established
1974
Domicile
Reerslev
Company form
Private limited company
Industry
  • Expand more icon22Manufacture of rubber and plastic products

About KVÆRNO PLAST ApS

KVÆRNO PLAST ApS (CVR number: 28113315) is a company from Høje-Taastrup. The company recorded a gross profit of -14.9 kDKK in 2023. The operating profit was -14.9 kDKK, while net earnings were 46.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 95.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KVÆRNO PLAST ApS's liquidity measured by quick ratio was 3 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
2019
2020
2021
2022
2023
Volume
Net sales51.60
Gross profit-15.422.6110.53-27.24-14.88
EBIT-15.42156.4115.53-27.24-14.88
Net earnings-28.23153.69-3.11-29.4346.36
Shareholders equity total662.57816.26757.85671.92718.28
Balance sheet total (assets)735.96835.93779.46691.91750.72
Net debt- 271.50- 199.03- 152.58-67.56-62.35
Profitability
EBIT-%-29.9 %
ROA-3.4 %19.8 %0.1 %-4.1 %5.1 %
ROE-4.0 %20.8 %-0.4 %-4.1 %6.7 %
ROI-3.7 %20.5 %0.1 %-4.1 %5.2 %
Economic value added (EVA)-35.30136.76-4.97-43.93-29.15
Solvency
Equity ratio90.0 %97.6 %97.2 %97.1 %95.7 %
Gearing2.4 %2.6 %2.9 %2.9 %
Relative net indebtedness %-421.5 %
Liquidity
Quick ratio5.011.18.04.43.0
Current ratio5.011.18.04.43.0
Cash and cash equivalents271.50218.43171.9787.2283.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %421.5 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.12%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.7%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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