Kirkegaard Vaarst Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kirkegaard Vaarst Holding ApS
Kirkegaard Vaarst Holding ApS (CVR number: 40019278) is a company from SILKEBORG. The company recorded a gross profit of -0.6 kDKK in 2024. The operating profit was -0.6 kDKK, while net earnings were -0.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Kirkegaard Vaarst Holding ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -0.61 | -1.63 | -0.65 | -5.79 | -0.60 |
EBIT | -0.61 | -1.63 | -0.65 | -5.79 | -0.60 |
Net earnings | -0.61 | -1.63 | -0.65 | -5.79 | -0.60 |
Shareholders equity total | 30.16 | 32.53 | 31.89 | 26.09 | 25.49 |
Balance sheet total (assets) | 54.16 | 57.53 | 56.89 | 51.09 | 50.50 |
Net debt | -3.66 | -7.03 | -6.39 | -0.59 | 0.01 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.4 % | -2.9 % | -1.1 % | -10.7 % | -1.2 % |
ROE | -2.0 % | -5.2 % | -2.0 % | -20.0 % | -2.3 % |
ROI | -2.0 % | -5.2 % | -2.0 % | -20.0 % | -2.3 % |
Economic value added (EVA) | -2.16 | -3.15 | -2.28 | -7.40 | -1.91 |
Solvency | |||||
Equity ratio | 55.7 % | 56.5 % | 56.1 % | 51.1 % | 50.5 % |
Gearing | 0.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 1.1 | 1.1 | 0.8 | 0.8 |
Current ratio | 1.0 | 1.1 | 1.1 | 0.8 | 0.8 |
Cash and cash equivalents | 3.66 | 7.03 | 6.39 | 0.59 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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