Kvistgaard Leth Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 18 013.00 | 14 943.00 | 33 035.00 | 36 963.81 | 11 948.75 |
EBIT | 10 264.00 | 6 684.00 | 23 690.00 | 25 158.74 | 54.61 |
Net earnings | 7 287.00 | 4 772.00 | 17 911.00 | 18 601.94 | - 957.60 |
Shareholders equity total | 75 175.00 | 74 897.00 | 90 248.00 | 103 666.58 | 100 608.99 |
Balance sheet total (assets) | 138 736.00 | 154 549.00 | 190 149.00 | 216 159.94 | 236 945.96 |
Net debt | 374.67 | 956.32 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 8.2 % | 4.6 % | 13.7 % | 12.6 % | 0.8 % |
ROE | 10.3 % | 6.4 % | 21.7 % | 20.2 % | -1.0 % |
ROI | 8.2 % | 4.6 % | 13.7 % | 14.7 % | 1.1 % |
Economic value added (EVA) | 6 898.46 | 2 906.46 | 19 926.43 | 15 079.83 | -7 873.34 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 49.3 % | 44.1 % |
Gearing | 31.4 % | 41.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.7 | |||
Current ratio | 1.7 | 1.6 | |||
Cash and cash equivalents | 32 193.33 | 40 295.71 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
Variable visualization
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