KIRKE HØRUP SAVVÆRK OG PALLEFABRIK A/S — Credit Rating and Financial Key Figures

CVR number: 17501976
Kirke Hørupvej 19, Kirke Hørup 6470 Sydals
info@khs-pallefabrik.dk
tel: 74415216
www.khs-pallefabrik.dk

Credit rating

Company information

Official name
KIRKE HØRUP SAVVÆRK OG PALLEFABRIK A/S
Personnel
3 persons
Established
1993
Domicile
Kirke Hørup
Company form
Limited company
Industry
  • Expand more icon16Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

About KIRKE HØRUP SAVVÆRK OG PALLEFABRIK A/S

KIRKE HØRUP SAVVÆRK OG PALLEFABRIK A/S (CVR number: 17501976) is a company from SØNDERBORG. The company recorded a gross profit of 341.8 kDKK in 2023. The operating profit was 130.3 kDKK, while net earnings were 101.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good and Return on Equity (ROE) was 9.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KIRKE HØRUP SAVVÆRK OG PALLEFABRIK A/S's liquidity measured by quick ratio was 4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit263.56200.00382.00516.00341.79
EBIT256.00156.00233.00291.00130.28
Net earnings248.60255.00243.00227.00101.14
Shareholders equity total160.88416.00809.001 036.001 078.40
Balance sheet total (assets)399.67606.00967.001 176.001 212.94
Net debt19.25- 177.00- 543.00- 743.00- 435.66
Profitability
EBIT-%
ROA68.7 %31.0 %29.6 %27.2 %11.0 %
ROE118.6 %88.4 %39.7 %24.6 %9.6 %
ROI134.7 %42.0 %37.9 %31.2 %12.2 %
Economic value added (EVA)263.50110.06241.89214.5787.48
Solvency
Equity ratio40.3 %68.6 %83.7 %88.1 %88.9 %
Gearing103.3 %0.4 %1.8 %1.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.12.14.66.24.0
Current ratio1.52.55.47.75.2
Cash and cash equivalents146.94177.00546.00762.00456.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:11.0%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.9%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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