KK FINANS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KK FINANS ApS
KK FINANS ApS (CVR number: 12285434) is a company from VESTHIMMERLANDS. The company recorded a gross profit of -61.7 kDKK in 2024. The operating profit was -61.7 kDKK, while net earnings were -4.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.9 %, 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. KK FINANS ApS's liquidity measured by quick ratio was 1.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -24.28 | -41.76 | 72.52 | 40.00 | -61.67 |
EBIT | -24.28 | -41.76 | 20.52 | 40.00 | -61.67 |
Net earnings | 264.92 | 618.34 | 60.85 | 207.19 | -4.77 |
Shareholders equity total | 2 559.23 | 3 177.57 | 3 238.42 | 3 327.81 | 3 262.05 |
Balance sheet total (assets) | 3 851.45 | 3 923.34 | 3 957.60 | 3 359.46 | 4 874.47 |
Net debt | - 371.93 | - 757.54 | - 771.19 | -1 383.10 | -1 326.66 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.5 % | 16.9 % | 2.0 % | 6.9 % | 0.7 % |
ROE | 10.9 % | 21.6 % | 1.9 % | 6.3 % | -0.1 % |
ROI | 8.5 % | 17.0 % | 2.0 % | 7.0 % | 0.7 % |
Economic value added (EVA) | - 223.73 | - 234.34 | - 175.68 | - 152.75 | - 229.33 |
Solvency | |||||
Equity ratio | 66.4 % | 81.0 % | 81.8 % | 99.1 % | 66.9 % |
Gearing | 49.8 % | 22.9 % | 18.4 % | 0.3 % | 48.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 2.0 | 2.1 | 44.6 | 1.8 |
Current ratio | 1.3 | 2.0 | 2.1 | 44.6 | 1.8 |
Cash and cash equivalents | 1 645.15 | 1 484.31 | 1 368.58 | 1 391.85 | 2 921.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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