OLE KVIST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLE KVIST A/S
OLE KVIST A/S (CVR number: 73664128) is a company from FREDERICIA. The company recorded a gross profit of -10.9 kDKK in 2023. The operating profit was -10.9 kDKK, while net earnings were 1101.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 39.4 %, which can be considered excellent and Return on Equity (ROE) was 31.7 %, which can be considered excellent. 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. OLE KVIST A/S's liquidity measured by quick ratio was 414.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -20.77 | -18.15 | -11.32 | -9.66 | -10.94 |
EBIT | -20.77 | -18.15 | -11.32 | -9.66 | -10.94 |
Net earnings | - 404.95 | 130.84 | 947.66 | - 270.81 | 1 101.52 |
Shareholders equity total | 2 972.07 | 2 994.92 | 3 368.97 | 2 983.76 | 3 967.48 |
Balance sheet total (assets) | 2 982.52 | 3 004.93 | 3 378.98 | 2 993.83 | 4 144.99 |
Net debt | -2 882.23 | -2 954.76 | -3 350.07 | -2 933.97 | -4 096.17 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.2 % | 12.7 % | 29.8 % | 9.2 % | 39.4 % |
ROE | -12.5 % | 4.4 % | 29.8 % | -8.5 % | 31.7 % |
ROI | 11.2 % | 12.8 % | 29.9 % | 9.2 % | 40.4 % |
Economic value added (EVA) | -21.11 | -22.57 | -13.30 | -10.63 | -11.55 |
Solvency | |||||
Equity ratio | 99.6 % | 99.7 % | 99.7 % | 99.7 % | 95.7 % |
Gearing | 0.0 % | 0.0 % | 0.0 % | 0.0 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 285.5 | 300.1 | 337.6 | 297.3 | 414.1 |
Current ratio | 285.5 | 300.1 | 337.6 | 297.3 | 414.1 |
Cash and cash equivalents | 2 882.74 | 2 955.27 | 3 350.58 | 2 934.48 | 4 096.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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