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KOVACS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KOVACS ApS
KOVACS ApS (CVR number: 36463473) is a company from RINGSTED. The company recorded a gross profit of -1 kDKK in 2024. The operating profit was -1 kDKK, while net earnings were 97.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good but Return on Equity (ROE) was 24.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.8 %, 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. KOVACS ApS's liquidity measured by quick ratio was 2.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -5.63 | -6.94 | -8.65 | -1.45 | -1.00 |
| EBIT | -5.63 | -6.94 | -8.65 | -1.45 | -1.00 |
| Net earnings | 246.24 | - 196.94 | 14.09 | -58.83 | 97.84 |
| Shareholders equity total | 607.12 | 410.18 | 412.19 | 353.37 | 451.20 |
| Balance sheet total (assets) | 714.47 | 531.91 | 547.07 | 523.47 | 603.53 |
| Net debt | 61.75 | 60.97 | 108.60 | - 184.24 | - 292.80 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 6.6 % | -1.8 % | 2.8 % | -11.0 % | 13.8 % |
| ROE | 50.9 % | -38.7 % | 3.4 % | -15.4 % | 24.3 % |
| ROI | 6.8 % | -2.0 % | 3.0 % | -11.4 % | 14.3 % |
| Economic value added (EVA) | -26.19 | -41.08 | -33.21 | -28.07 | -26.73 |
| Solvency | |||||
| Equity ratio | 85.0 % | 77.1 % | 75.3 % | 67.5 % | 74.8 % |
| Gearing | 11.9 % | 19.2 % | 28.5 % | 43.3 % | 28.8 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 0.1 | 0.1 | 2.0 | 2.8 |
| Current ratio | 0.1 | 0.1 | 0.1 | 2.0 | 2.8 |
| Cash and cash equivalents | 10.52 | 17.73 | 9.04 | 337.10 | 422.53 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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