KANNEVORFF HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29194122
Holstebrovej 76, Rindum 6950 Ringkøbing

Company information

Official name
KANNEVORFF HOLDING ApS
Established
2005
Domicile
Rindum
Company form
Private limited company
Industry

About KANNEVORFF HOLDING ApS

KANNEVORFF HOLDING ApS (CVR number: 29194122) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 58.3 kDKK in 2023. The operating profit was -67.3 kDKK, while net earnings were 1287.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.8 %, which can be considered excellent and Return on Equity (ROE) was 22.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KANNEVORFF HOLDING ApS's liquidity measured by quick ratio was 125.8 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 sales
Gross profit90.6137.8861.7549.6358.28
EBIT42.99-9.7514.132.00-67.34
Net earnings812.79845.71814.951 263.291 287.30
Shareholders equity total4 964.795 010.515 025.465 674.755 962.04
Balance sheet total (assets)5 536.755 702.115 072.975 742.457 048.65
Net debt-2 564.71-2 683.47-2 775.58-3 514.18-4 021.53
Profitability
EBIT-%
ROA17.3 %16.4 %16.5 %24.8 %21.8 %
ROE16.4 %17.0 %16.2 %23.6 %22.1 %
ROI16.8 %17.5 %16.9 %24.2 %23.2 %
Economic value added (EVA)-85.66- 113.71-93.46-97.72- 159.42
Solvency
Equity ratio89.7 %87.9 %99.1 %98.8 %84.6 %
Gearing0.1 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio5.44.868.681.9125.8
Current ratio5.44.868.681.9125.8
Cash and cash equivalents2 570.872 689.732 775.583 514.184 021.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:21.8%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.6%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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