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 37 mDKK in 2023. The operating profit was 25.2 mDKK, while net earnings were 18.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good but Return on Equity (ROE) was 21 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.3 %, 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 1.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit28 612.0018 013.0014 943.0033 035.5036 963.81
EBIT19 930.0010 264.006 684.0023 690.2125 158.74
Net earnings15 106.007 287.004 772.0017 911.3218 601.94
Shareholders equity total66 976.0075 175.0074 897.0090 248.20103 666.58
Balance sheet total (assets)112 852.00138 736.00154 549.00190 149.40216 159.94
Net debt-4 436.66374.67
Profitability
EBIT-%
ROA19.6 %8.2 %4.6 %14.0 %12.6 %
ROE24.7 %10.3 %6.4 %22.7 %21.0 %
ROI22.3 %8.2 %4.6 %16.3 %17.1 %
Economic value added (EVA)17 827.056 898.462 906.4614 701.4715 990.42
Solvency
Equity ratio100.0 %100.0 %100.0 %51.6 %49.3 %
Gearing34.1 %31.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.8
Current ratio1.81.7
Cash and cash equivalents35 240.4132 193.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAAAA

Variable visualization

ROA:12.6%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.3%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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