K/S FINLAND RETAIL II — Credit Rating and Financial Key Figures

CVR number: 29622833
Voldbjergvej 16, 8240 Risskov

Credit rating

Company information

Official name
K/S FINLAND RETAIL II
Established
2006
Company form
Limited partnership
Industry
  • Expand more icon68Real estate activities

About K/S FINLAND RETAIL II

K/S FINLAND RETAIL II (CVR number: 29622833) is a company from AARHUS. The company recorded a gross profit of 2877.7 kDKK in 2023. The operating profit was 2837.7 kDKK, while net earnings were 2664.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered weak but Return on Equity (ROE) was 4.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K/S FINLAND RETAIL II'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 profit2 410.622 231.162 243.942 791.472 877.70
EBIT2 370.62-1 990.80713.402 751.472 837.70
Net earnings2 027.33-2 340.26396.302 480.642 664.15
Shareholders equity total62 120.2361 391.7261 764.7864 244.4067 050.92
Balance sheet total (assets)71 257.3571 028.3171 151.2471 063.1871 197.26
Net debt3 335.452 528.512 282.902 373.592 346.63
Profitability
EBIT-%
ROA3.3 %-2.8 %1.0 %3.9 %4.0 %
ROE3.3 %-3.8 %0.6 %3.9 %4.1 %
ROI3.4 %-2.8 %1.0 %4.0 %4.1 %
Economic value added (EVA)- 619.78-5 102.22-2 363.01- 332.10- 374.58
Solvency
Equity ratio87.3 %86.6 %87.0 %90.6 %94.4 %
Gearing5.4 %4.5 %4.5 %4.4 %4.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.20.10.1
Current ratio0.10.10.20.10.1
Cash and cash equivalents46.91263.18517.13436.31414.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:3.99%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.4%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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