QRS A/S — Credit Rating and Financial Key Figures

CVR number: 28686420
Damsbovej 19 A, 5492 Vissenbjerg
JJB@QRS.DK
tel: 70221004

Company information

Official name
QRS A/S
Personnel
39 persons
Established
2005
Company form
Limited company
Industry

About QRS A/S

QRS A/S (CVR number: 28686420) is a company from ASSENS. The company recorded a gross profit of 27.5 mDKK in 2024. The operating profit was 4362.5 kDKK, while net earnings were 3447.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.3 %, which can be considered excellent and Return on Equity (ROE) was 27.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61 %, 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. QRS A/S's liquidity measured by quick ratio was 3.4 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 profit16 261.0022 681.0023 672.0025 478.0027 461.61
EBIT1 743.005 293.003 517.004 549.004 362.52
Net earnings1 289.004 078.002 637.003 366.003 447.94
Shareholders equity total5 347.008 775.009 413.0011 479.0013 227.56
Balance sheet total (assets)18 567.0023 976.0024 196.0029 124.0022 785.00
Net debt-3 202.00-2 107.00-3 399.00-4 342.00-7 751.81
Profitability
EBIT-%
ROA10.7 %24.9 %14.6 %17.1 %17.3 %
ROE26.2 %57.8 %29.0 %32.2 %27.9 %
ROI22.0 %53.2 %29.4 %33.9 %30.4 %
Economic value added (EVA)1 161.574 027.772 417.213 248.043 054.03
Solvency
Equity ratio33.9 %41.1 %43.9 %48.6 %61.0 %
Gearing5.8 %6.1 %5.0 %4.0 %3.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.82.02.02.43.4
Current ratio1.51.71.81.73.3
Cash and cash equivalents3 511.002 643.003 872.004 797.008 239.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:17.3%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.0%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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