GLARMESTER SVEND KVIST & SØN ApS — Credit Rating and Financial Key Figures

CVR number: 87412628
Østerhåbsvej 83 C, 8700 Horsens
kvistipad@gmail.com
tel: 40620276

Credit rating

Company information

Official name
GLARMESTER SVEND KVIST & SØN ApS
Personnel
2 persons
Established
1978
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About GLARMESTER SVEND KVIST & SØN ApS

GLARMESTER SVEND KVIST & SØN ApS (CVR number: 87412628) is a company from HORSENS. The company recorded a gross profit of 4999.6 kDKK in 2023. The operating profit was 4566.7 kDKK, while net earnings were 3676.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 101.7 %, which can be considered excellent and Return on Equity (ROE) was 114.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.9 %, 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. GLARMESTER SVEND KVIST & SØN ApS's liquidity measured by quick ratio was 2.9 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 profit503.25674.64605.4955.984 999.64
EBIT- 117.60372.18294.26- 338.564 566.68
Net earnings- 157.86279.87207.27- 276.993 676.18
Shareholders equity total1 564.011 733.281 827.551 436.154 994.53
Balance sheet total (assets)2 669.602 921.953 073.932 225.726 851.11
Net debt- 641.75-1 163.32-1 362.08- 574.47-4 357.97
Profitability
EBIT-%
ROA-3.6 %13.6 %10.1 %-12.3 %101.7 %
ROE-9.3 %17.0 %11.6 %-17.0 %114.3 %
ROI-4.7 %16.0 %11.5 %-13.5 %114.8 %
Economic value added (EVA)- 104.34272.91233.07- 248.743 656.98
Solvency
Equity ratio58.6 %59.3 %59.5 %64.5 %72.9 %
Gearing37.1 %38.9 %42.2 %47.0 %17.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.71.91.72.9
Current ratio1.71.91.91.72.9
Cash and cash equivalents1 221.661 836.832 133.081 249.295 240.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:101.7%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.9%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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