Kvistgaard Leth Holding ApS — Credit Rating and Financial Key Figures

CVR number: 21034770
Bogfinkevej 6, 7760 Hurup Thy
tel: 97951111

Credit rating

Company information

Official name
Kvistgaard Leth Holding ApS
Established
1998
Company form
Private limited company
Industry

About Kvistgaard Leth Holding ApS

Kvistgaard Leth Holding ApS (CVR number: 21034770K) is a company from THISTED. The company recorded a gross profit of 11.9 mDKK in 2024. The operating profit was 54.6 kDKK, while net earnings were -957.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.1 %, 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. Kvistgaard Leth Holding ApS's liquidity measured by quick ratio was 1.7 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 profit18 013.0014 943.0033 035.0036 963.8111 948.75
EBIT10 264.006 684.0023 690.0025 158.7454.61
Net earnings7 287.004 772.0017 911.0018 601.94- 957.60
Shareholders equity total75 175.0074 897.0090 248.00103 666.58100 608.99
Balance sheet total (assets)138 736.00154 549.00190 149.00216 159.94236 945.96
Net debt374.67956.32
Profitability
EBIT-%
ROA8.2 %4.6 %13.7 %12.6 %0.8 %
ROE10.3 %6.4 %21.7 %20.2 %-1.0 %
ROI8.2 %4.6 %13.7 %14.7 %1.1 %
Economic value added (EVA)6 898.462 906.4619 926.4315 079.83-7 873.34
Solvency
Equity ratio100.0 %100.0 %100.0 %49.3 %44.1 %
Gearing31.4 %41.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.7
Current ratio1.71.6
Cash and cash equivalents32 193.3340 295.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:0.81%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.1%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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