KVADRAT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KVADRAT A/S
KVADRAT A/S (CVR number: 45998517K) is a company from SYDDJURS. The company reported a net sales of 1644.7 mDKK in 2024, demonstrating a decline of -6.4 % compared to the previous year. The operating profit percentage was at 4.4 % (EBIT: 72.6 mDKK), while net earnings were 10.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 25.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KVADRAT A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 452.99 | 1 596.06 | 1 868.16 | 1 757.77 | 1 644.73 |
Gross profit | 522.18 | 608.67 | 661.06 | 679.16 | 697.34 |
EBIT | 14.38 | 44.41 | 35.42 | -11.52 | 72.65 |
Net earnings | 6.50 | 27.19 | 16.58 | -74.80 | 10.91 |
Shareholders equity total | 375.94 | 433.39 | 411.64 | 327.08 | 333.94 |
Balance sheet total (assets) | 1 245.42 | 1 527.21 | 1 549.52 | 1 366.02 | 1 356.08 |
Net debt | 445.56 | 580.16 | 643.26 | 656.58 | 583.22 |
Profitability | |||||
EBIT-% | 1.0 % | 2.8 % | 1.9 % | -0.7 % | 4.4 % |
ROA | 1.7 % | 3.7 % | 3.0 % | -0.2 % | 5.4 % |
ROE | 1.7 % | 7.1 % | 4.3 % | -21.8 % | 3.5 % |
ROI | 2.1 % | 4.6 % | 3.6 % | -0.2 % | 6.7 % |
Economic value added (EVA) | -12.26 | 16.20 | 4.77 | -32.86 | 44.39 |
Solvency | |||||
Equity ratio | 30.4 % | 28.7 % | 27.2 % | 24.4 % | 25.6 % |
Gearing | 152.4 % | 171.0 % | 188.9 % | 230.5 % | 214.8 % |
Relative net indebtedness % | 50.5 % | 58.0 % | 52.5 % | 52.3 % | 52.8 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.6 | 0.5 | 0.5 | 0.5 |
Current ratio | 1.2 | 1.1 | 1.0 | 0.9 | 0.9 |
Cash and cash equivalents | 127.22 | 161.10 | 134.50 | 97.43 | 134.10 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 49.3 | 50.8 | 48.4 | 43.4 | 50.1 |
Net working capital % | 6.8 % | 4.1 % | -0.6 % | -4.3 % | -3.6 % |
Credit risk | |||||
Credit rating | AA | AAA | AA | A | AA |
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