QUITZAU HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31153441
Jacob Gades Vej 12, 7430 Ikast

Credit rating

Company information

Official name
QUITZAU HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About QUITZAU HOLDING ApS

QUITZAU HOLDING ApS (CVR number: 31153441) is a company from IKAST-BRANDE. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -66.7 % compared to the previous year. The operating profit percentage was at 96.1 % (EBIT: 0.1 mDKK), while net earnings were 144.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.2 %, which can be considered excellent and Return on Equity (ROE) was 19.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. QUITZAU HOLDING ApS's liquidity measured by quick ratio was 148.5 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales30.00300.00450.00150.00
Gross profit27.47-2.53295.37446.87144.14
EBIT27.47-2.53295.37446.87144.14
Net earnings27.51-2.68294.98446.07144.14
Shareholders equity total239.81217.13400.11731.68758.02
Balance sheet total (assets)242.31219.63402.61736.18761.77
Net debt-37.31-14.63- 197.61- 529.18- 555.52
Profitability
EBIT-%91.6 %98.5 %99.3 %96.1 %
ROA12.1 %-1.1 %94.9 %78.5 %19.2 %
ROE12.2 %-1.2 %95.6 %78.8 %19.4 %
ROI12.2 %-1.1 %95.7 %78.8 %19.3 %
Economic value added (EVA)27.50-2.40295.50441.97143.64
Solvency
Equity ratio99.0 %98.9 %99.4 %99.4 %99.5 %
Gearing0.3 %0.2 %
Relative net indebtedness %-116.0 %-65.0 %-117.0 %-368.7 %
Liquidity
Quick ratio14.95.979.0118.0148.5
Current ratio14.95.979.0118.0148.5
Cash and cash equivalents37.3114.63197.61531.18556.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %116.0 %65.0 %117.0 %368.7 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:19.2%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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