KVÆRNBÆKGÅRD RIDECENTER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KVÆRNBÆKGÅRD RIDECENTER ApS
KVÆRNBÆKGÅRD RIDECENTER ApS (CVR number: 12664893) is a company from HORSENS. The company recorded a gross profit of 475 kDKK in 2023. The operating profit was -30.8 kDKK, while net earnings were 7.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 35.8 %, 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. KVÆRNBÆKGÅRD RIDECENTER ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 458.28 | 481.22 | 513.61 | 548.41 | 474.97 |
EBIT | 260.48 | 60.51 | 57.53 | 52.00 | -30.83 |
Net earnings | 241.58 | 75.28 | 73.74 | 66.04 | 7.42 |
Shareholders equity total | 1 844.72 | 1 920.01 | 1 993.75 | 2 059.79 | 2 067.21 |
Balance sheet total (assets) | 5 256.32 | 5 331.90 | 5 376.67 | 5 570.73 | 5 776.05 |
Net debt | 2 013.94 | 1 683.56 | 1 723.78 | 1 603.40 | 1 506.51 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.7 % | 1.8 % | 1.8 % | 1.5 % | 0.2 % |
ROE | 14.0 % | 4.0 % | 3.8 % | 3.3 % | 0.4 % |
ROI | 7.2 % | 2.5 % | 2.4 % | 2.2 % | 0.3 % |
Economic value added (EVA) | 35.51 | - 137.49 | - 130.53 | - 139.85 | - 201.87 |
Solvency | |||||
Equity ratio | 35.1 % | 36.0 % | 37.1 % | 37.0 % | 35.8 % |
Gearing | 109.5 % | 95.1 % | 86.5 % | 77.8 % | 72.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 2.0 | 1.9 | 1.8 | 1.7 |
Current ratio | 2.0 | 2.0 | 1.9 | 1.8 | 1.7 |
Cash and cash equivalents | 5.80 | 142.76 | 0.30 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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