KVISTGAARD+LETH ApS — Credit Rating and Financial Key Figures

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

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 2024. The operating profit was -12.5 kDKK, while net earnings were 28.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.5 %, 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 22.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit
EBIT-13.25-20.00-12.50-12.50-12.50
Net earnings-10.3836.2811.64-12.7028.32
Shareholders equity total1 871.391 907.671 919.311 906.611 934.92
Balance sheet total (assets)1 892.691 950.671 978.591 979.492 026.23
Net debt-2.868.6731.9648.81-1 957.89
Profitability
EBIT-%
ROA-0.7 %2.4 %0.8 %-0.6 %1.9 %
ROE-0.6 %1.9 %0.6 %-0.7 %1.5 %
ROI-0.7 %2.4 %0.8 %-0.6 %1.9 %
Economic value added (EVA)- 105.21- 109.95- 106.51- 108.26- 108.47
Solvency
Equity ratio98.9 %97.8 %97.0 %96.3 %95.5 %
Gearing0.3 %0.9 %2.1 %3.0 %3.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.233.427.222.2
Current ratio0.80.233.427.222.2
Cash and cash equivalents9.169.109.049.072 026.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:1.89%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.5%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Director

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