Kinondo Fund of Funds Aps — Credit Rating and Financial Key Figures

CVR number: 40196102
Kongens Nytorv 22, 1050 København K

Credit rating

Company information

Official name
Kinondo Fund of Funds Aps
Established
2019
Company form
Private limited company
Industry
  • Expand more icon649910

About Kinondo Fund of Funds Aps

Kinondo Fund of Funds Aps (CVR number: 40196102) is a company from KØBENHAVN. The company recorded a gross profit of -25.4 kDKK in 2024. The operating profit was -25.4 kDKK, while net earnings were -271.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -10 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Kinondo Fund of Funds Aps's liquidity measured by quick ratio was 0.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-16.66-16.39-17.68-30.23-25.36
EBIT-16.66-16.39-17.68-30.23-25.36
Net earnings-44.082 793.111 003.87-1 025.55- 271.20
Shareholders equity total68.132 861.243 865.112 839.562 568.36
Balance sheet total (assets)2 887.446 572.778 154.907 645.347 627.44
Net debt2 778.113 675.334 254.744 766.265 052.40
Profitability
EBIT-%
ROA2.0 %61.9 %15.7 %-10.8 %-1.2 %
ROE-48.9 %190.7 %29.8 %-30.6 %-10.0 %
ROI2.0 %62.0 %15.8 %-10.8 %-1.2 %
Economic value added (EVA)-22.30-18.20- 159.95- 223.01- 166.38
Solvency
Equity ratio2.4 %43.5 %47.4 %37.1 %33.7 %
Gearing4124.8 %129.5 %110.8 %169.0 %196.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.54.84.65.30.3
Current ratio3.54.84.65.30.3
Cash and cash equivalents32.0229.9528.8133.280.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-1.17%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.7%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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