Tage Kvist ApS — Credit Rating and Financial Key Figures

CVR number: 31152321
Sportvænget 19, 9230 Svenstrup J
info@tagekvist.dk

Credit rating

Company information

Official name
Tage Kvist ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry

About Tage Kvist ApS

Tage Kvist ApS (CVR number: 31152321) is a company from AALBORG. The company recorded a gross profit of 85.7 kDKK in 2023. The operating profit was -150.6 kDKK, while net earnings were -157.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.6 %, which can be considered poor and Return on Equity (ROE) was -22.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 82.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Tage Kvist ApS's liquidity measured by quick ratio was 3.1 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 profit376.89480.28208.66103.7485.72
EBIT-65.56153.505.37- 150.07- 150.57
Net earnings25.887.374.06- 151.13- 157.65
Shareholders equity total927.30934.66938.72787.60629.95
Balance sheet total (assets)1 375.071 282.021 196.32948.58762.90
Net debt- 173.54- 113.27-36.1235.1273.38
Profitability
EBIT-%
ROA2.7 %0.8 %0.5 %-13.9 %-17.6 %
ROE2.8 %0.8 %0.4 %-17.5 %-22.2 %
ROI3.9 %1.1 %0.6 %-16.9 %-19.7 %
Economic value added (EVA)-92.14132.08-34.37- 195.43- 190.15
Solvency
Equity ratio67.4 %72.9 %78.5 %83.0 %82.6 %
Gearing3.3 %4.5 %11.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.32.22.93.23.1
Current ratio1.52.43.13.63.5
Cash and cash equivalents173.54143.8336.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-17.6%
Rating: 2/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.6%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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