KVISTEN ApS — Credit Rating and Financial Key Figures

CVR number: 27195733
Munkemøllevej 6, 6300 Gråsten

Company information

Official name
KVISTEN ApS
Established
2003
Company form
Private limited company
Industry

About KVISTEN ApS

KVISTEN ApS (CVR number: 27195733) is a company from SØNDERBORG. The company recorded a gross profit of 613.1 kDKK in 2023. The operating profit was 557.5 kDKK, while net earnings were 359.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69 %, 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. KVISTEN ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit530.00483.00352.00418.00613.11
EBIT474.00429.00297.00362.00557.50
Net earnings330.00241.00167.00221.00359.29
Shareholders equity total8 840.008 970.009 024.009 131.009 372.19
Balance sheet total (assets)13 965.0013 847.0013 794.0013 717.0013 582.40
Net debt4 295.003 909.003 785.003 506.003 035.84
Profitability
EBIT-%
ROA3.9 %3.4 %2.6 %3.2 %4.5 %
ROE3.8 %2.7 %1.9 %2.4 %3.9 %
ROI4.0 %3.5 %2.7 %3.2 %4.6 %
Economic value added (EVA)- 146.09-74.23- 183.45- 134.2613.35
Solvency
Equity ratio63.3 %64.8 %65.4 %66.6 %69.0 %
Gearing48.6 %43.6 %42.1 %38.5 %32.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.10.10.1
Current ratio0.00.00.10.10.1
Cash and cash equivalents13.0010.008.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.53%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.0%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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