KLOVBORG MASKINFABRIK A/S — Credit Rating and Financial Key Figures

CVR number: 10559987
Mossvej 1, 8700 Horsens

Credit rating

Company information

Official name
KLOVBORG MASKINFABRIK A/S
Personnel
27 persons
Established
1987
Company form
Limited company
Industry
  • Expand more icon282200Manufacture of lifting and handling equipment

About KLOVBORG MASKINFABRIK A/S

KLOVBORG MASKINFABRIK A/S (CVR number: 10559987) is a company from HORSENS. The company recorded a gross profit of 36.4 mDKK in 2024. The operating profit was 19.3 mDKK, while net earnings were 14.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 58.4 %, which can be considered excellent and Return on Equity (ROE) was 164.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KLOVBORG MASKINFABRIK A/S's liquidity measured by quick ratio was 1.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit35 056.2933 472.5438 054.3813 631.1636 386.16
EBIT16 870.6615 666.3120 883.254 155.3019 336.05
Net earnings13 041.8512 099.1416 277.273 199.1314 941.52
Shareholders equity total18 041.8520 140.9826 418.2513 117.385 058.90
Balance sheet total (assets)38 103.1752 384.3750 605.0235 878.3931 208.36
Net debt-12 682.32-16 592.69-16 590.76-4 711.87-2 901.05
Profitability
EBIT-%
ROA48.2 %34.7 %40.8 %9.7 %58.4 %
ROE71.1 %63.4 %69.9 %16.2 %164.4 %
ROI72.1 %61.5 %70.8 %16.5 %120.1 %
Economic value added (EVA)12 648.9012 007.7716 171.192 811.3914 711.93
Solvency
Equity ratio49.9 %50.4 %58.6 %46.7 %21.5 %
Gearing19.8 %16.0 %11.3 %22.6 %133.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.33.43.12.91.9
Current ratio2.11.82.31.71.2
Cash and cash equivalents16 258.5619 823.8519 571.687 682.619 641.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:58.4%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.5%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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