K.E.N. II HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About K.E.N. II HOLDING ApS
K.E.N. II HOLDING ApS (CVR number: 25635906) is a company from KALUNDBORG. The company reported a net sales of 1.1 mDKK in 2023, demonstrating a growth of -172.1 % compared to the previous year. The operating profit percentage was at 98.6 % (EBIT: 1.1 mDKK), while net earnings were 1127.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good and Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K.E.N. II HOLDING ApS's liquidity measured by quick ratio was 7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 214.79 | 321.66 | 1 470.84 | -1 587.17 | 1 144.24 |
Gross profit | 200.66 | 306.91 | 1 448.90 | -1 602.14 | 1 128.11 |
EBIT | 200.55 | 306.91 | 1 448.90 | -1 602.14 | 1 128.11 |
Net earnings | 270.37 | 343.22 | 1 448.34 | -1 605.60 | 1 127.78 |
Shareholders equity total | 11 488.56 | 11 674.90 | 12 962.96 | 11 195.09 | 12 155.77 |
Balance sheet total (assets) | 11 502.26 | 11 691.95 | 12 982.76 | 11 253.49 | 12 167.27 |
Net debt | -87.34 | - 179.44 | -98.67 | -10.41 | -66.88 |
Profitability | |||||
EBIT-% | 93.4 % | 95.4 % | 98.5 % | 98.6 % | |
ROA | 2.5 % | 3.0 % | 11.7 % | -13.2 % | 9.6 % |
ROE | 2.4 % | 3.0 % | 11.8 % | -13.3 % | 9.7 % |
ROI | 2.5 % | 3.0 % | 11.8 % | -13.2 % | 9.6 % |
Economic value added (EVA) | - 246.35 | - 128.39 | 1 444.56 | -1 600.82 | 1 130.37 |
Solvency | |||||
Equity ratio | 99.9 % | 99.9 % | 99.8 % | 99.5 % | 99.9 % |
Gearing | 0.4 % | ||||
Relative net indebtedness % | -34.3 % | -50.5 % | -5.4 % | -0.0 % | -4.8 % |
Liquidity | |||||
Quick ratio | 787.1 | 25.7 | 5.2 | 1.0 | 7.0 |
Current ratio | 787.1 | 25.7 | 5.2 | 1.0 | 7.0 |
Cash and cash equivalents | 87.34 | 179.44 | 98.67 | 57.80 | 66.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 4025.8 % | 84.5 % | 5.6 % | -0.1 % | 6.0 % |
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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