KVICKLY ODDER — Credit Rating and Financial Key Figures

CVR number: 64620614
Nørregade 6, 8300 Odder

Company information

Official name
KVICKLY ODDER
Personnel
296 persons
Established
1902
Industry

About KVICKLY ODDER

KVICKLY ODDER (CVR number: 64620614K) is a company from ODDER. The company reported a net sales of 294 mDKK in 2018, demonstrating a growth of 3.7 % compared to the previous year. The operating profit percentage was at 2.1 % (EBIT: 6.1 mDKK), while net earnings were 5526.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.6 %, 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. KVICKLY ODDER's liquidity measured by quick ratio was 2 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
2017
2018
Volume
Net sales283 431.79293 963.10
Gross profit51 787.5855 022.02
EBIT4 680.976 133.19
Net earnings4 408.035 526.34
Shareholders equity total119 629.51125 219.99
Balance sheet total (assets)159 952.90165 618.62
Net debt15 136.0713 711.71
Profitability
EBIT-%1.7 %2.1 %
ROA3.6 %4.4 %
ROE3.7 %4.5 %
ROI3.9 %4.8 %
Economic value added (EVA)3 707.51-2 458.72
Solvency
Equity ratio74.8 %75.6 %
Gearing14.3 %13.6 %
Relative net indebtedness %10.5 %9.6 %
Liquidity
Quick ratio1.62.0
Current ratio3.03.4
Cash and cash equivalents1 913.933 338.29
Capital use efficiency
Trade debtors turnover (days)1.51.9
Net working capital %10.3 %12.3 %
Credit risk
Credit ratingAAAA

Variable visualization

ROA:4.42%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.6%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer
Chairman of the board
Board member

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