Kvik Billakering ApS — Credit Rating and Financial Key Figures

CVR number: 38276123
Ballevej 23, 8300 Odder

Credit rating

Company information

Official name
Kvik Billakering ApS
Personnel
6 persons
Established
2016
Company form
Private limited company
Industry

About Kvik Billakering ApS

Kvik Billakering ApS (CVR number: 38276123) is a company from ODDER. The company recorded a gross profit of 2484.7 kDKK in 2024. The operating profit was 256.9 kDKK, while net earnings were 164.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 43.3 %, 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. Kvik Billakering ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit2 005.572 147.402 344.452 338.892 484.72
EBIT458.54546.08582.61357.85256.86
Net earnings295.94374.82401.36212.24164.39
Shareholders equity total776.161 037.981 324.931 419.381 461.76
Balance sheet total (assets)3 868.504 319.844 076.653 855.503 379.57
Net debt2 013.021 834.101 693.131 543.941 114.14
Profitability
EBIT-%
ROA12.0 %13.3 %13.9 %9.0 %7.1 %
ROE43.3 %41.3 %34.0 %15.5 %11.4 %
ROI15.6 %17.7 %17.2 %10.3 %8.2 %
Economic value added (EVA)209.03277.64291.80102.8328.98
Solvency
Equity ratio20.1 %24.1 %32.5 %36.8 %43.3 %
Gearing278.0 %210.2 %166.8 %138.3 %97.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.70.80.91.0
Current ratio0.70.81.01.11.3
Cash and cash equivalents144.78347.47516.90419.32305.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.14%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:43.3%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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