KØGE HOLDING A/S
Credit rating
Company information
About KØGE HOLDING A/S
KØGE HOLDING A/S (CVR number: 28313055K) is a company from KØGE. The company reported a net sales of 128.9 mDKK in 2023, demonstrating a decline of -0.9 % compared to the previous year. The operating profit percentage was poor at -3.6 % (EBIT: -4.7 mDKK), while net earnings were -17.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered weak but Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KØGE HOLDING A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 129.19 | 131.89 | 123.16 | 129.98 | 128.85 |
Gross profit | 129.19 | 131.89 | 123.16 | 8.25 | 1.25 |
EBIT | 5.91 | 8.45 | 0.41 | 1.14 | -4.68 |
Net earnings | -3.43 | -7.79 | 2.92 | 3.57 | -17.50 |
Shareholders equity total | 2 177.64 | 2 158.47 | 2 171.64 | 2 207.25 | 2 184.12 |
Balance sheet total (assets) | 2 947.30 | 2 972.00 | 2 976.81 | 2 992.58 | 2 963.57 |
Net debt | 448.81 | 492.56 | |||
Profitability | |||||
EBIT-% | 4.6 % | 6.4 % | 0.3 % | 0.9 % | -3.6 % |
ROA | 0.2 % | 0.3 % | 0.0 % | 0.1 % | 0.0 % |
ROE | -0.2 % | -0.4 % | 0.1 % | 0.2 % | -0.8 % |
ROI | 0.2 % | 0.3 % | 0.0 % | 0.1 % | 0.0 % |
Economic value added (EVA) | - 107.59 | - 100.98 | - 108.05 | - 108.32 | - 137.23 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 73.8 % | 73.7 % |
Gearing | 23.8 % | 23.7 % | |||
Relative net indebtedness % | 534.4 % | 573.9 % | |||
Liquidity | |||||
Quick ratio | 2.3 | 1.4 | |||
Current ratio | 2.3 | 1.4 | |||
Cash and cash equivalents | 77.18 | 24.43 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 6.5 | 55.0 | |||
Net working capital % | 50.9 % | 10.3 % | |||
Credit risk | |||||
Credit rating | BB | BB | BBB | A | BBB |
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