Klemming-Schmidt IVS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Klemming-Schmidt IVS
Klemming-Schmidt IVS (CVR number: 38103431) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2020, demonstrating a decline of -47.8 % compared to the previous year. The operating profit percentage was at 70.6 % (EBIT: 0 mDKK), while net earnings were -2.5 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 -10.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 84.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Klemming-Schmidt IVS's liquidity measured by quick ratio was 6.6 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 financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 18.78 | 32.43 | 9.52 | 5.75 | 3.00 |
Gross profit | 8.32 | 26.28 | 8.88 | 5.64 | 2.86 |
EBIT | 4.56 | 25.14 | 8.88 | 5.64 | 2.12 |
Net earnings | 4.56 | 6.98 | 3.67 | 4.00 | -2.48 |
Shareholders equity total | 14.56 | 20.96 | 29.63 | 33.63 | 14.04 |
Balance sheet total (assets) | 33.45 | 25.17 | 33.49 | 37.46 | 16.55 |
Net debt | -5.38 | -10.99 | -19.96 | -27.46 | -16.55 |
Profitability | |||||
EBIT-% | 24.3 % | 77.5 % | 93.3 % | 98.2 % | 70.6 % |
ROA | 13.6 % | 83.5 % | 30.3 % | 15.9 % | 7.8 % |
ROE | 31.3 % | 39.3 % | 14.5 % | 12.6 % | -10.4 % |
ROI | 14.2 % | 91.0 % | 30.8 % | 16.9 % | 8.9 % |
Economic value added (EVA) | 4.56 | 25.56 | 8.56 | 5.33 | 1.81 |
Solvency | |||||
Equity ratio | 43.5 % | 83.3 % | 88.5 % | 89.8 % | 84.8 % |
Gearing | 121.2 % | 16.8 % | 11.9 % | ||
Relative net indebtedness % | -22.0 % | -31.8 % | -206.2 % | -411.3 % | -467.8 % |
Liquidity | |||||
Quick ratio | 1.8 | 6.0 | 8.7 | 9.8 | 6.6 |
Current ratio | 1.8 | 6.0 | 8.7 | 9.8 | 6.6 |
Cash and cash equivalents | 23.03 | 14.52 | 23.49 | 27.46 | 16.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 202.7 | 119.9 | 383.3 | ||
Net working capital % | 77.6 % | 64.6 % | 311.2 % | 585.4 % | 467.8 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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