K 2 PROJEKT ApS

CVR number: 27267262
H.V. Kaalunds Vej 9, 8000 Aarhus C
kk@k2projekt.dk
tel: 29210735

Credit rating

Company information

Official name
K 2 PROJEKT ApS
Personnel
1 person
Established
2003
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About the company

K 2 PROJEKT ApS (CVR number: 27267262) is a company from AARHUS. The company recorded a gross profit of -159.5 kDKK in 2023. The operating profit was 259.1 kDKK, while net earnings were 45.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 11.6 %, 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 2 PROJEKT ApS's liquidity measured by quick ratio was 0 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
20192020202120222023
Volume
Net sales
Gross profit1 186.65427.10254.98565.06- 159.48
EBIT225.1618.540.4046.67259.06
Net earnings231.9321.3237.3327.5445.54
Shareholders equity total3 392.321 913.641 950.971 978.512 024.05
Balance sheet total (assets)4 255.402 465.657 597.707 469.0417 494.88
Net debt- 974.35- 774.412 708.554 816.0811 987.53
Profitability
EBIT-%
ROA6.5 %1.0 %1.1 %0.6 %2.1 %
ROE6.1 %0.8 %1.9 %1.4 %2.3 %
ROI7.9 %1.3 %1.2 %0.7 %2.4 %
Economic value added (EVA)78.74- 105.22-56.9458.54121.94
Solvency
Equity ratio79.7 %77.6 %25.7 %26.5 %11.6 %
Gearing1.1 %261.4 %262.8 %599.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.70.40.20.0
Current ratio1.81.71.31.40.4
Cash and cash equivalents1 010.61774.412 391.45383.92141.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:2.08%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.6%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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