4K Projects ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About 4K Projects ApS
4K Projects ApS (CVR number: 38837680) is a company from HVIDOVRE. The company recorded a gross profit of 4120.6 kDKK in 2023. The operating profit was -299.9 kDKK, while net earnings were -238.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.4 %, which can be considered poor and Return on Equity (ROE) was -7.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.5 %, 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. 4K Projects 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 165.60 | 3 139.31 | 3 059.67 | 4 554.00 | 4 120.64 |
EBIT | 1 599.84 | 197.80 | 689.71 | 950.49 | - 299.94 |
Net earnings | 1 243.25 | 144.10 | 567.52 | 731.38 | - 238.54 |
Shareholders equity total | 2 158.72 | 2 302.82 | 2 870.34 | 3 487.32 | 3 130.98 |
Balance sheet total (assets) | 3 174.98 | 4 147.58 | 4 416.06 | 4 754.54 | 4 441.30 |
Net debt | - 459.38 | -1 353.26 | -1 095.68 | -1 010.71 | - 401.49 |
Profitability | |||||
EBIT-% | |||||
ROA | 64.9 % | 5.7 % | 16.1 % | 20.8 % | -6.4 % |
ROE | 78.1 % | 6.5 % | 21.9 % | 23.0 % | -7.2 % |
ROI | 88.3 % | 7.8 % | 23.2 % | 28.2 % | -8.7 % |
Economic value added (EVA) | 1 213.53 | 87.93 | 545.06 | 660.16 | - 356.47 |
Solvency | |||||
Equity ratio | 68.0 % | 55.5 % | 65.0 % | 73.3 % | 70.5 % |
Gearing | 17.8 % | 17.9 % | 8.8 % | 4.1 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 1.8 | 1.5 | 1.8 | 2.1 |
Current ratio | 2.6 | 1.8 | 1.5 | 1.8 | 2.1 |
Cash and cash equivalents | 842.74 | 1 765.38 | 1 347.66 | 1 152.97 | 402.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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