Kvarts & Co. Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kvarts & Co. Holding ApS
Kvarts & Co. Holding ApS (CVR number: 42308250) is a company from TØNDER. The company recorded a gross profit of -10.8 kDKK in 2024. The operating profit was -10.8 kDKK, while net earnings were 132.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.3 %, which can be considered excellent but Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 88.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kvarts & Co. Holding ApS's liquidity measured by quick ratio was 4.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -11.26 | -9.60 | -14.92 | -10.85 |
EBIT | -11.26 | -9.60 | -14.92 | -10.85 |
Net earnings | 132.28 | 205.25 | 395.91 | 132.62 |
Shareholders equity total | 372.28 | 577.53 | 941.65 | 952.26 |
Balance sheet total (assets) | 429.27 | 682.33 | 1 053.80 | 1 081.27 |
Net debt | 3.84 | -5.85 | - 113.77 | - 280.68 |
Profitability | ||||
EBIT-% | ||||
ROA | 30.3 % | 36.9 % | 45.4 % | 16.3 % |
ROE | 35.5 % | 43.2 % | 52.1 % | 14.0 % |
ROI | 33.8 % | 42.6 % | 51.9 % | 17.5 % |
Economic value added (EVA) | -8.78 | 0.10 | -13.21 | -33.91 |
Solvency | ||||
Equity ratio | 86.7 % | 84.6 % | 89.4 % | 88.1 % |
Gearing | 3.3 % | 0.1 % | 0.0 % | 11.0 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.8 | 3.2 | 7.1 | 4.5 |
Current ratio | 0.8 | 3.2 | 7.1 | 4.5 |
Cash and cash equivalents | 8.34 | 6.18 | 113.95 | 385.01 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BBB | BBB | BBB |
Variable visualization
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