K. E. AUTOMOBILER ApS

CVR number: 68757215
Rytterhaven 2, 5700 Svendborg
tel: 62211128

Credit rating

Company information

Official name
K. E. AUTOMOBILER ApS
Established
1982
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About the company

K. E. AUTOMOBILER ApS (CVR number: 68757215) is a company from SVENDBORG. The company recorded a gross profit of 2528.4 kDKK in 2023. The operating profit was 323.4 kDKK, while net earnings were 48.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 4.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 13.9 %, 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. K. E. AUTOMOBILER ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 732.132 615.292 707.472 885.552 528.42
EBIT482.75591.00650.141 003.71323.41
Net earnings286.34365.13478.64730.1248.41
Shareholders equity total1 569.601 794.731 093.371 573.49621.90
Balance sheet total (assets)5 883.353 970.603 257.263 493.744 477.78
Net debt2 470.08- 418.17303.821 100.913 017.30
Profitability
EBIT-%
ROA9.9 %12.0 %18.0 %29.7 %8.1 %
ROE18.8 %21.7 %33.1 %54.8 %4.4 %
ROI15.8 %20.0 %39.1 %47.5 %10.1 %
Economic value added (EVA)301.88382.97437.94728.30117.38
Solvency
Equity ratio26.7 %45.2 %33.6 %45.0 %13.9 %
Gearing158.4 %28.8 %72.3 %486.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.60.30.60.5
Current ratio1.21.51.21.51.1
Cash and cash equivalents16.82418.1710.9836.488.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABB

Variable visualization

ROA:8.11%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:13.9%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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