KK Ejendomme Aalborg ApS — Credit Rating and Financial Key Figures

CVR number: 38256807
Egholm 1, 9000 Aalborg
mail@kronborg-egholm.dk

Credit rating

Company information

Official name
KK Ejendomme Aalborg ApS
Established
2016
Company form
Private limited company
Industry

About KK Ejendomme Aalborg ApS

KK Ejendomme Aalborg ApS (CVR number: 38256807) is a company from AALBORG. The company recorded a gross profit of 246.1 kDKK in 2023. The operating profit was 140.6 kDKK, while net earnings were 45.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was 60.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 3.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. KK Ejendomme Aalborg ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit41.9879.4861.15187.54246.10
EBIT28.5050.1725.9087.96140.59
Net earnings7.4914.520.322.2245.46
Shareholders equity total34.9749.4949.8152.0397.49
Balance sheet total (assets)804.941 080.263 142.262 989.202 962.32
Net debt747.771 016.352 788.932 837.412 713.51
Profitability
EBIT-%
ROA4.9 %5.3 %1.4 %2.9 %4.7 %
ROE24.0 %34.4 %0.7 %4.4 %60.8 %
ROI4.9 %5.4 %1.5 %3.0 %4.8 %
Economic value added (EVA)20.3437.94-22.19-44.65-16.71
Solvency
Equity ratio4.3 %4.6 %1.6 %1.7 %3.3 %
Gearing2172.5 %2053.7 %5634.1 %5454.0 %2784.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.21.61.10.00.1
Current ratio0.21.61.10.00.1
Cash and cash equivalents11.9017.500.561.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.72%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.29%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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