KVISTGAARD+LETH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KVISTGAARD+LETH ApS
KVISTGAARD+LETH ApS (CVR number: 31781000) is a company from THISTED. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -12.5 kDKK, while net earnings were -12.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KVISTGAARD+LETH ApS's liquidity measured by quick ratio was 27.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -13.55 | -13.25 | -20.00 | -12.50 | -12.50 |
Net earnings | -12.80 | -10.38 | 36.28 | 11.64 | -12.70 |
Shareholders equity total | 1 881.77 | 1 871.39 | 1 907.67 | 1 919.31 | 1 906.61 |
Balance sheet total (assets) | 1 903.08 | 1 892.69 | 1 950.67 | 1 978.59 | 1 979.49 |
Net debt | -3.67 | -2.86 | 8.67 | 31.96 | 48.81 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.4 % | -0.7 % | 2.4 % | 0.8 % | -0.6 % |
ROE | -0.7 % | -0.6 % | 1.9 % | 0.6 % | -0.7 % |
ROI | -0.4 % | -0.7 % | 2.4 % | 0.8 % | -0.6 % |
Economic value added (EVA) | 109.22 | - 104.39 | - 109.18 | - 105.16 | - 105.74 |
Solvency | |||||
Equity ratio | 98.9 % | 98.9 % | 97.8 % | 97.0 % | 96.3 % |
Gearing | 0.3 % | 0.3 % | 0.9 % | 2.1 % | 3.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 0.8 | 0.2 | 33.4 | 27.2 |
Current ratio | 1.3 | 0.8 | 0.2 | 33.4 | 27.2 |
Cash and cash equivalents | 9.97 | 9.16 | 9.10 | 9.04 | 9.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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