Credit rating
Company information
About Kaf Solution IVS
Kaf Solution IVS (CVR number: 38242385) is a company from IKAST-BRANDE. The company reported a net sales of 0.2 mDKK in 2020, demonstrating a decline of -67.4 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 0 mDKK), while net earnings were 2.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62.4 %, 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. Kaf Solution IVS's liquidity measured by quick ratio was 2.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|
Volume | ||||
Net sales | 183.71 | 300.06 | 460.55 | 150.12 |
Gross profit | 20.39 | 27.43 | 30.62 | 1.75 |
EBIT | 20.39 | 27.43 | 30.62 | 1.75 |
Net earnings | 15.89 | 20.39 | 23.72 | 2.30 |
Shareholders equity total | 20.89 | 41.28 | 65.00 | 67.29 |
Balance sheet total (assets) | 40.23 | 70.54 | 126.85 | 107.92 |
Net debt | -13.26 | -32.00 | - 102.16 | - 106.22 |
Profitability | ||||
EBIT-% | 11.1 % | 9.1 % | 6.6 % | 1.2 % |
ROA | 50.7 % | 49.5 % | 31.0 % | 1.5 % |
ROE | 76.1 % | 65.6 % | 44.6 % | 3.5 % |
ROI | 97.6 % | 88.2 % | 57.6 % | 2.6 % |
Economic value added (EVA) | 15.89 | 20.00 | 23.30 | 3.62 |
Solvency | ||||
Equity ratio | 51.9 % | 58.5 % | 51.2 % | 62.4 % |
Gearing | ||||
Relative net indebtedness % | 3.3 % | -0.9 % | -8.8 % | -43.7 % |
Liquidity | ||||
Quick ratio | 2.7 | 3.1 | 1.7 | 2.7 |
Current ratio | 2.7 | 3.1 | 2.1 | 2.7 |
Cash and cash equivalents | 13.26 | 32.00 | 102.16 | 106.22 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 53.6 | 46.9 | ||
Net working capital % | 13.8 % | 15.9 % | 14.3 % | 45.6 % |
Credit risk | ||||
Credit rating | B | B | B | B |
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