KV VARMESERVICE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KV VARMESERVICE ApS
KV VARMESERVICE ApS (CVR number: 13529892) is a company from FAVRSKOV. The company recorded a gross profit of 146.3 kDKK in 2023. The operating profit was -86.3 kDKK, while net earnings were -63.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.6 %, which can be considered poor and Return on Equity (ROE) was -11.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KV VARMESERVICE ApS's liquidity measured by quick ratio was 4.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 296.35 | 471.56 | 430.34 | 374.64 | 146.33 |
EBIT | -72.17 | 140.11 | 90.03 | 64.32 | -86.33 |
Net earnings | -67.60 | 145.11 | 36.78 | 50.93 | -63.51 |
Shareholders equity total | 538.19 | 645.29 | 625.57 | 619.31 | 496.90 |
Balance sheet total (assets) | 838.43 | 925.07 | 865.80 | 848.63 | 640.00 |
Net debt | - 362.60 | - 613.61 | - 488.53 | - 421.47 | - 423.49 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.5 % | 21.9 % | 13.6 % | 8.8 % | -5.6 % |
ROE | -11.3 % | 24.5 % | 5.8 % | 8.2 % | -11.4 % |
ROI | -6.5 % | 28.2 % | 18.2 % | 10.7 % | -6.4 % |
Economic value added (EVA) | -60.69 | 108.51 | 69.84 | 44.73 | - 104.37 |
Solvency | |||||
Equity ratio | 64.2 % | 69.8 % | 72.3 % | 73.0 % | 77.6 % |
Gearing | 29.9 % | 3.8 % | 6.8 % | 19.3 % | 12.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 2.8 | 3.0 | 3.1 | 4.1 |
Current ratio | 2.7 | 3.2 | 3.4 | 3.5 | 4.2 |
Cash and cash equivalents | 523.42 | 638.35 | 531.09 | 540.79 | 484.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | BBB |
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