KIRKE HØRUP SAVVÆRK OG PALLEFABRIK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 465.7 kDKK in 2024. The operating profit was -32.6 kDKK, while net earnings were -26.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 87.6 %, 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 3.1 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 200.00 | 382.00 | 516.00 | 342.00 | 465.69 |
| EBIT | 156.00 | 233.00 | 291.00 | 130.00 | -32.59 |
| Net earnings | 255.00 | 243.00 | 227.00 | 101.00 | -26.25 |
| Shareholders equity total | 416.00 | 809.00 | 1 036.00 | 1 078.00 | 1 052.15 |
| Balance sheet total (assets) | 606.00 | 967.00 | 1 176.00 | 1 213.00 | 1 201.01 |
| Net debt | - 177.00 | - 543.00 | - 743.00 | - 437.00 | - 313.92 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 31.0 % | 29.6 % | 27.2 % | 11.0 % | -2.6 % |
| ROE | 88.4 % | 39.7 % | 24.6 % | 9.6 % | -2.5 % |
| ROI | 42.0 % | 37.9 % | 31.2 % | 12.2 % | -2.9 % |
| Economic value added (EVA) | 94.32 | 232.99 | 186.98 | 47.99 | -80.90 |
| Solvency | |||||
| Equity ratio | 68.6 % | 83.7 % | 88.1 % | 88.9 % | 87.6 % |
| Gearing | 0.4 % | 1.8 % | 1.9 % | 2.2 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.1 | 4.6 | 6.2 | 4.0 | 3.1 |
| Current ratio | 2.5 | 5.4 | 7.7 | 5.1 | 3.6 |
| Cash and cash equivalents | 177.00 | 546.00 | 762.00 | 457.00 | 337.06 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BBB | BBB | BBB |
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