KVIK SVENDBORG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KVIK SVENDBORG ApS
KVIK SVENDBORG ApS (CVR number: 25391802) is a company from SVENDBORG. The company recorded a gross profit of 1805.8 kDKK in 2023. The operating profit was -290.4 kDKK, while net earnings were -288 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.5 %, which can be considered poor and Return on Equity (ROE) was -10.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KVIK SVENDBORG ApS's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 144.73 | 2 844.78 | 3 593.55 | 2 680.03 | 1 805.78 |
EBIT | 1 019.53 | 1 379.60 | 1 589.21 | 414.68 | - 290.44 |
Net earnings | 779.88 | 1 062.07 | 1 220.49 | 307.30 | - 288.00 |
Shareholders equity total | 1 690.31 | 2 252.37 | 3 072.87 | 2 880.16 | 2 474.36 |
Balance sheet total (assets) | 2 824.97 | 3 768.94 | 4 183.58 | 6 008.21 | 4 584.88 |
Net debt | 401.64 | - 650.89 | -1 145.30 | - 486.51 | 67.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 40.1 % | 41.8 % | 40.0 % | 8.1 % | -5.5 % |
ROE | 50.3 % | 53.9 % | 45.8 % | 10.3 % | -10.8 % |
ROI | 56.9 % | 63.3 % | 59.7 % | 11.0 % | -7.0 % |
Economic value added (EVA) | 722.86 | 989.35 | 1 155.57 | 230.50 | - 329.43 |
Solvency | |||||
Equity ratio | 64.1 % | 63.3 % | 76.3 % | 49.1 % | 56.9 % |
Gearing | 24.5 % | 54.2 % | 52.5 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.5 | 2.6 | 1.7 | 2.4 |
Current ratio | 2.5 | 2.5 | 3.8 | 2.7 | 3.4 |
Cash and cash equivalents | 12.86 | 650.89 | 1 145.30 | 2 048.21 | 1 232.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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