Kalundborg Flytteforretning Holding af 2019 ApS — Credit Rating and Financial Key Figures

CVR number: 41216026
Sct Jørgensbjerg 44, 4400 Kalundborg

Company information

Official name
Kalundborg Flytteforretning Holding af 2019 ApS
Established
2019
Company form
Private limited company
Industry

About Kalundborg Flytteforretning Holding af 2019 ApS

Kalundborg Flytteforretning Holding af 2019 ApS (CVR number: 41216026) is a company from KALUNDBORG. The company reported a net sales of 2.9 mDKK in 2023, demonstrating a decline of -14.1 % compared to the previous year. The operating profit percentage was at 99.5 % (EBIT: 2.9 mDKK), while net earnings were 3018.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent and Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 95.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kalundborg Flytteforretning Holding af 2019 ApS's liquidity measured by quick ratio was 2.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 934.061 251.572 374.123 355.142 882.32
Gross profit1 920.621 239.852 359.353 338.702 869.23
EBIT1 920.621 239.852 359.353 338.702 869.23
Net earnings2 062.401 385.042 502.003 472.463 018.49
Shareholders equity total35 736.5537 010.9939 399.9942 758.0545 658.74
Balance sheet total (assets)36 088.5137 950.4240 937.4245 075.0647 705.12
Net debt335.00555.541 027.071 502.60592.60
Profitability
EBIT-%99.3 %99.1 %99.4 %99.5 %99.5 %
ROA5.9 %3.9 %6.5 %8.2 %6.6 %
ROE5.8 %3.8 %6.5 %8.5 %6.8 %
ROI5.9 %3.9 %6.5 %8.3 %6.7 %
Economic value added (EVA)1 878.61655.151 848.132 946.852 651.38
Solvency
Equity ratio99.0 %97.5 %96.2 %94.9 %95.7 %
Gearing0.9 %2.2 %3.3 %4.6 %2.3 %
Relative net indebtedness %18.0 %54.5 %54.0 %55.6 %55.4 %
Liquidity
Quick ratio3.01.81.51.32.4
Current ratio3.01.81.51.32.4
Cash and cash equivalents3.15257.76254.83451.18450.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %36.5 %58.2 %31.3 %22.2 %95.9 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:6.65%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.7%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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