KVISTGAARD+LETH ApS — Credit Rating and Financial Key Figures

CVR number: 31781000
Bogfinkevej 6, 7760 Hurup Thy
kvistgaard.leth@webspeed.dk

Company information

Official name
KVISTGAARD+LETH ApS
Established
2008
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit
EBIT-13.55-13.25-20.00-12.50-12.50
Net earnings-12.80-10.3836.2811.64-12.70
Shareholders equity total1 881.771 871.391 907.671 919.311 906.61
Balance sheet total (assets)1 903.081 892.691 950.671 978.591 979.49
Net debt-3.67-2.868.6731.9648.81
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 ratio98.9 %98.9 %97.8 %97.0 %96.3 %
Gearing0.3 %0.3 %0.9 %2.1 %3.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.30.80.233.427.2
Current ratio1.30.80.233.427.2
Cash and cash equivalents9.979.169.109.049.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-0.63%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.3%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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