KØRETEKNISK ANLÆG VARDE ApS — Credit Rating and Financial Key Figures

CVR number: 10278694
Gellerupvej 113, 6800 Varde

Company information

Official name
KØRETEKNISK ANLÆG VARDE ApS
Personnel
5 persons
Established
1986
Company form
Private limited company
Industry

About KØRETEKNISK ANLÆG VARDE ApS

KØRETEKNISK ANLÆG VARDE ApS (CVR number: 10278694) is a company from VARDE. The company recorded a gross profit of 2012.5 kDKK in 2023. The operating profit was 433.4 kDKK, while net earnings were 302.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 68.1 %, 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. KØRETEKNISK ANLÆG VARDE ApS's liquidity measured by quick ratio was 2.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 741.072 089.741 927.561 977.982 012.47
EBIT388.12658.98461.94524.43433.40
Net earnings308.12482.88331.90387.71302.24
Shareholders equity total2 608.352 989.233 181.133 498.843 801.08
Balance sheet total (assets)4 836.175 685.536 208.225 493.415 582.01
Net debt1 496.941 242.07644.17600.84-22.07
Profitability
EBIT-%
ROA7.7 %12.5 %7.8 %9.0 %7.8 %
ROE12.3 %17.3 %10.8 %11.6 %8.3 %
ROI8.3 %13.9 %9.4 %10.7 %8.7 %
Economic value added (EVA)145.63314.85153.43223.98138.34
Solvency
Equity ratio53.9 %52.6 %51.2 %63.7 %68.1 %
Gearing58.6 %46.4 %39.2 %31.6 %25.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.90.91.62.5
Current ratio0.80.90.91.62.5
Cash and cash equivalents32.45145.35601.82504.15995.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:7.83%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.1%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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