Kingstoft Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40860983
Søndergade 11, 5620 Glamsbjerg
martin@kingstoft.dk

Company information

Official name
Kingstoft Holding ApS
Established
2019
Company form
Private limited company
Industry

About Kingstoft Holding ApS

Kingstoft Holding ApS (CVR number: 40860983) is a company from ASSENS. The company recorded a gross profit of 1199.1 kDKK in 2024. The operating profit was 1199.1 kDKK, while net earnings were 1221.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.6 %, which can be considered excellent and Return on Equity (ROE) was 37 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kingstoft Holding ApS's liquidity measured by quick ratio was 2511.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit656.14664.26240.141 321.141 199.13
EBIT656.14664.26240.141 321.141 199.13
Net earnings656.22661.13268.241 336.361 221.38
Shareholders equity total818.221 368.751 523.982 745.943 849.52
Balance sheet total (assets)1 234.281 758.961 561.392 873.114 265.44
Net debt241.16178.86-8.40-0.34-2.78
Profitability
EBIT-%
ROA53.2 %44.4 %16.6 %60.6 %34.6 %
ROE80.2 %60.5 %18.5 %62.6 %37.0 %
ROI62.0 %50.6 %17.8 %62.9 %37.4 %
Economic value added (EVA)656.29645.30184.421 293.441 121.57
Solvency
Equity ratio66.3 %77.8 %97.6 %95.6 %90.2 %
Gearing29.5 %14.3 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio4.17.52 355.73 115.12 511.1
Current ratio4.17.52 355.73 115.12 511.1
Cash and cash equivalents0.0516.688.810.763.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:34.6%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.2%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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