ERIK KVISTGAARD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ERIK KVISTGAARD ApS
ERIK KVISTGAARD ApS (CVR number: 25260686) is a company from NYBORG. The company recorded a gross profit of -12 kDKK in 2024. The operating profit was -12 kDKK, while net earnings were 87.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.8 %, which can be considered excellent and Return on Equity (ROE) was 51.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ERIK KVISTGAARD ApS's liquidity measured by quick ratio was 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.93 | -8.84 | -8.98 | -9.90 | -12.02 |
EBIT | -10.93 | -8.84 | -8.98 | -9.90 | -12.02 |
Net earnings | -39.27 | 28.41 | -40.97 | 14.11 | 87.67 |
Shareholders equity total | 124.36 | 152.77 | 111.80 | 125.91 | 213.59 |
Balance sheet total (assets) | 304.89 | 338.75 | 302.61 | 323.88 | 419.00 |
Net debt | - 301.19 | - 334.23 | - 295.71 | - 316.99 | - 409.17 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.4 % | 10.9 % | 2.0 % | 7.6 % | 25.8 % |
ROE | -19.7 % | 20.5 % | -31.0 % | 11.9 % | 51.6 % |
ROI | -4.1 % | 25.3 % | 4.8 % | 20.1 % | 56.4 % |
Economic value added (EVA) | -24.91 | -14.61 | -16.78 | -13.97 | -18.25 |
Solvency | |||||
Equity ratio | 40.8 % | 45.1 % | 36.9 % | 38.9 % | 51.0 % |
Gearing | 0.3 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.8 | 1.6 | 1.6 | 2.0 |
Current ratio | 1.7 | 1.8 | 1.6 | 1.6 | 2.0 |
Cash and cash equivalents | 301.19 | 334.62 | 295.71 | 316.99 | 409.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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