OVE KIEME VÆRKTØJSMASKINER A/S — Credit Rating and Financial Key Figures

CVR number: 18643774
Tingvej 4, Varpelev 4652 Hårlev
tel: 36788018

Credit rating

Company information

Official name
OVE KIEME VÆRKTØJSMASKINER A/S
Personnel
1 person
Established
1995
Domicile
Varpelev
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit480.32618.95514.65476.95363.52
EBIT- 377.58228.4883.97-72.58- 161.25
Net earnings- 301.50173.3859.20-76.68- 137.81
Shareholders equity total1 130.451 303.841 313.041 186.35998.54
Balance sheet total (assets)1 681.811 520.521 593.091 631.911 553.41
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)- 357.56132.36-1.68- 104.18- 180.59
Solvency
Equity ratio67.2 %85.7 %82.4 %72.7 %64.6 %
Gearing22.4 %20.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.11.91.81.6
Current ratio3.06.95.75.33.1
Cash and cash equivalents270.7465.11419.59366.06339.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-10.1%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.6%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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