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KLITGAARD CONSULTING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KLITGAARD CONSULTING ApS
KLITGAARD CONSULTING ApS (CVR number: 27461077K) is a company from AALBORG. The company reported a net sales of 546.8 mDKK in 2018, demonstrating a growth of 54.6 % compared to the previous year. The operating profit percentage was at 7.3 % (EBIT: 40.1 mDKK), while net earnings were 25.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.6 %, which can be considered good but Return on Equity (ROE) was 42 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KLITGAARD CONSULTING ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2014 | 2015 | 2016 | 2017 | 2018 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 211.30 | 181.07 | 233.94 | 353.75 | 546.80 |
| Gross profit | 86.54 | 75.45 | 104.53 | 131.62 | 170.13 |
| EBIT | 13.81 | 5.79 | 19.95 | 27.54 | 40.06 |
| Net earnings | 8.81 | 7.77 | 13.73 | 18.32 | 25.68 |
| Shareholders equity total | 3.46 | 8.30 | 21.06 | 92.20 | 106.80 |
| Balance sheet total (assets) | 64.47 | 92.33 | 131.99 | 281.54 | 480.70 |
| Net debt | 27.57 | 22.94 | 27.69 | 20.69 | |
| Profitability | |||||
| EBIT-% | 3.2 % | 8.5 % | 7.8 % | 7.3 % | |
| ROA | 42.9 % | 13.5 % | 17.9 % | 14.2 % | 10.6 % |
| ROE | -530.9 % | -409.5 % | 205.8 % | 50.2 % | 42.0 % |
| ROI | 66.4 % | 22.3 % | 37.4 % | 25.3 % | 22.2 % |
| Economic value added (EVA) | 10.32 | 2.51 | 12.68 | 17.39 | 20.79 |
| Solvency | |||||
| Equity ratio | 6.2 % | 10.3 % | 20.6 % | 37.5 % | 29.7 % |
| Gearing | 740.7 % | 334.6 % | 123.7 % | 80.7 % | 59.8 % |
| Relative net indebtedness % | 24.0 % | 39.4 % | 44.4 % | 37.4 % | 57.5 % |
| Liquidity | |||||
| Quick ratio | 0.6 | 0.5 | 0.8 | 1.2 | 1.1 |
| Current ratio | 1.0 | 0.9 | 0.8 | 1.2 | 1.0 |
| Cash and cash equivalents | 0.58 | 0.18 | 3.11 | 46.75 | 43.15 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 35.3 | 43.0 | 47.9 | 22.3 | 51.1 |
| Net working capital % | 0.3 % | -4.7 % | -6.2 % | 6.8 % | -3.2 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | A | A |
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