Kv-auto ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kv-auto ApS
Kv-auto ApS (CVR number: 33383754) is a company from ODENSE. The company reported a net sales of 0.4 mDKK in 2023, demonstrating a growth of 77.3 % compared to the previous year. The operating profit percentage was at 15.1 % (EBIT: 0.1 mDKK), while net earnings were 52.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 16.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.8 %, 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. Kv-auto ApS's liquidity measured by quick ratio was 1.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 995.49 | 867.12 | 320.86 | 245.53 | 435.38 |
Gross profit | 296.64 | 191.17 | -30.47 | - 115.56 | 65.93 |
EBIT | 202.35 | 71.88 | 71.28 | - 115.56 | 65.93 |
Net earnings | 136.40 | -0.99 | 29.83 | -95.15 | 52.07 |
Shareholders equity total | 351.16 | 350.17 | 380.00 | 284.85 | 336.92 |
Balance sheet total (assets) | 1 600.31 | 1 766.16 | 878.68 | 809.63 | 891.76 |
Net debt | 517.48 | 458.51 | - 859.59 | - 763.72 | - 760.35 |
Profitability | |||||
EBIT-% | 20.3 % | 8.3 % | 22.2 % | -47.1 % | 15.1 % |
ROA | 12.8 % | 4.3 % | 5.4 % | -13.7 % | 7.8 % |
ROE | 48.2 % | -0.3 % | 8.2 % | -28.6 % | 16.8 % |
ROI | 18.8 % | 6.3 % | 9.3 % | -34.8 % | 21.5 % |
Economic value added (EVA) | 112.06 | 30.37 | 11.95 | -66.05 | 75.49 |
Solvency | |||||
Equity ratio | 21.9 % | 19.8 % | 43.2 % | 35.2 % | 37.8 % |
Gearing | 218.1 % | 227.9 % | |||
Relative net indebtedness % | 100.5 % | 124.1 % | -112.5 % | -97.3 % | -47.2 % |
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 1.8 | 1.5 | 1.6 |
Current ratio | 0.6 | 0.6 | 1.8 | 1.5 | 1.6 |
Cash and cash equivalents | 248.42 | 339.53 | 859.59 | 763.72 | 760.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 2.3 | 84.0 | |||
Net working capital % | -21.1 % | -29.6 % | 118.4 % | 116.0 % | 77.4 % |
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BBB |
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