KINCO ENTERPRISE ApS

CVR number: 14403019
Mandal Alle 9 A, 5500 Middelfart
lavtox@lavtox.dk
tel: 75825033
www.lavtox.dk

Credit rating

Company information

Official name
KINCO ENTERPRISE ApS
Established
1974
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About KINCO ENTERPRISE ApS

KINCO ENTERPRISE ApS (CVR number: 14403019) is a company from MIDDELFART. The company recorded a gross profit of 934.1 kDKK in 2022. The operating profit was 303.7 kDKK, while net earnings were 324.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 90.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KINCO ENTERPRISE ApS's liquidity measured by quick ratio was 2.1 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
20182019202020212022
Volume
Net sales
Gross profit758.71710.93850.38744.00934.08
EBIT0.46-57.5882.75161.00303.70
Net earnings-3.34-80.07310.74586.00324.54
Shareholders equity total4 191.513 815.354 126.094 432.004 476.64
Balance sheet total (assets)4 541.864 202.534 703.194 702.004 948.46
Net debt- 398.29- 564.17- 892.42- 609.00- 656.54
Profitability
EBIT-%
ROA2.6 %-1.4 %11.3 %15.0 %9.0 %
ROE-0.1 %-2.0 %7.8 %13.7 %7.3 %
ROI2.9 %-1.5 %12.7 %16.5 %9.8 %
Economic value added (EVA)-14.65-49.8081.00180.44276.85
Solvency
Equity ratio92.3 %90.8 %87.7 %94.3 %90.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.02.02.02.72.1
Current ratio3.52.52.33.22.4
Cash and cash equivalents398.29564.17892.42609.00656.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.01%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.5%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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