OVE KIEME VÆRKTØJSMASKINER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About OVE KIEME VÆRKTØJSMASKINER A/S
OVE KIEME VÆRKTØJSMASKINER A/S (CVR number: 18643774) is a company from STEVNS. The company recorded a gross profit of 363.5 kDKK in 2024. The operating profit was -161.2 kDKK, while net earnings were -137.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.1 %, which can be considered poor and Return on Equity (ROE) was -12.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.6 %, 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. OVE KIEME VÆRKTØJSMASKINER A/S's liquidity measured by quick ratio was 1.6 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 | 480.32 | 618.95 | 514.65 | 476.95 | 363.52 |
EBIT | - 377.58 | 228.48 | 83.97 | -72.58 | - 161.25 |
Net earnings | - 301.50 | 173.38 | 59.20 | -76.68 | - 137.81 |
Shareholders equity total | 1 130.45 | 1 303.84 | 1 313.04 | 1 186.35 | 998.54 |
Balance sheet total (assets) | 1 681.81 | 1 520.52 | 1 593.09 | 1 631.91 | 1 553.41 |
Net debt | - 270.74 | -65.11 | - 419.59 | - 100.61 | - 130.55 |
Profitability | |||||
EBIT-% | |||||
ROA | -21.3 % | 14.3 % | 5.4 % | -4.4 % | -10.1 % |
ROE | -23.5 % | 14.2 % | 4.5 % | -6.1 % | -12.6 % |
ROI | -28.1 % | 18.8 % | 6.4 % | -5.2 % | -12.1 % |
Economic value added (EVA) | - 357.56 | 132.36 | -1.68 | - 104.18 | - 180.59 |
Solvency | |||||
Equity ratio | 67.2 % | 85.7 % | 82.4 % | 72.7 % | 64.6 % |
Gearing | 22.4 % | 20.9 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.1 | 1.9 | 1.8 | 1.6 |
Current ratio | 3.0 | 6.9 | 5.7 | 5.3 | 3.1 |
Cash and cash equivalents | 270.74 | 65.11 | 419.59 | 366.06 | 339.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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