Kovision ApS — Credit Rating and Financial Key Figures

CVR number: 31767326
Lyngholmsvej 3, 7280 Sønder Felding
inger@kovision.dk

Credit rating

Company information

Official name
Kovision ApS
Established
2008
Company form
Private limited company
Industry
  • Expand more icon649990

About Kovision ApS

Kovision ApS (CVR number: 31767326) is a company from HERNING. The company recorded a gross profit of -36.2 kDKK in 2023. The operating profit was -36.2 kDKK, while net earnings were 66.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kovision ApS's liquidity measured by quick ratio was 122 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 profit-18.50-32.09-15.34-5.13-36.25
EBIT-18.50-32.09-15.34-5.13-36.25
Net earnings446.55-78.83-70.14- 143.6266.28
Shareholders equity total1 766.401 576.971 393.831 135.811 202.09
Balance sheet total (assets)1 771.901 579.471 401.081 140.601 212.03
Net debt-1 756.90-1 563.53-1 385.08-1 136.07-1 196.51
Profitability
EBIT-%
ROA29.6 %-1.7 %-0.4 %2.0 %5.6 %
ROE28.0 %-4.7 %-4.7 %-11.4 %5.7 %
ROI29.6 %-1.7 %-0.4 %2.0 %5.6 %
Economic value added (EVA)-58.83-32.46-16.02-5.49-36.12
Solvency
Equity ratio99.7 %99.8 %99.5 %99.6 %99.2 %
Gearing0.1 %0.1 %0.2 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio322.6631.8193.4238.1122.0
Current ratio322.6631.8193.4238.1122.0
Cash and cash equivalents1 759.181 563.531 386.671 138.341 203.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:5.63%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 87/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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