KT Jordboring ApS — Credit Rating and Financial Key Figures

CVR number: 40363181
Sneppevænget 5, 5610 Assens
kfthorsen@gmail.com
Free credit report Annual report

Credit rating

Company information

Official name
KT Jordboring ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry

About KT Jordboring ApS

KT Jordboring ApS (CVR number: 40363181) is a company from ASSENS. The company recorded a gross profit of 1496 kDKK in 2023. The operating profit was 530.6 kDKK, while net earnings were 361.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.1 %, which can be considered excellent and Return on Equity (ROE) was 34.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62 %, 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. KT Jordboring ApS's liquidity measured by quick ratio was 3.9 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit360.921 527.871 669.681 527.801 495.96
EBIT164.48794.62786.19591.94530.64
Net earnings106.21563.78557.76407.74361.41
Shareholders equity total156.21664.68922.441 030.191 091.60
Balance sheet total (assets)986.201 646.491 779.061 766.031 761.72
Net debt-44.26- 585.59- 962.37- 825.56- 862.33
Profitability
EBIT-%
ROA16.7 %60.4 %45.9 %33.4 %30.1 %
ROE68.0 %137.4 %70.3 %41.8 %34.1 %
ROI20.7 %78.0 %58.0 %39.9 %36.2 %
Economic value added (EVA)126.33613.45607.70463.76404.37
Solvency
Equity ratio15.8 %40.4 %51.8 %58.3 %62.0 %
Gearing4.0 %4.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.62.13.13.73.9
Current ratio0.62.23.23.94.0
Cash and cash equivalents44.26585.59998.90866.34862.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:30.1%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.0%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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