KOLIND HOLDING A/S β Credit Rating and Financial Key Figures
Credit rating
Company information
About KOLIND HOLDING A/S
KOLIND HOLDING A/S (CVR number: 10056616) is a company from VEJLE. The company reported a net sales of 2.3 mDKK in 2023, demonstrating a growth of 154.2 % compared to the previous year. The operating profit percentage was at 98.9 % (EBIT: 2.3 mDKK), while net earnings were 2317.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.6 %, which can be considered excellent and Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KOLIND HOLDING A/S's liquidity measured by quick ratio was 371.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 566.37 | 511.06 | -52.94 | 914.44 | 2 324.62 |
Gross profit | 554.50 | 498.33 | -62.74 | 901.14 | 2 342.06 |
EBIT | 513.18 | 502.70 | -67.92 | 839.83 | 2 300.15 |
Net earnings | 510.72 | 501.81 | -70.82 | 830.05 | 2 317.36 |
Shareholders equity total | 7 747.30 | 7 922.98 | 7 565.16 | 8 095.21 | 10 008.57 |
Balance sheet total (assets) | 7 971.55 | 7 931.23 | 7 573.41 | 8 103.62 | 10 015.77 |
Net debt | - 881.29 | -1 024.21 | - 875.06 | - 680.08 | -1 585.18 |
Profitability | |||||
EBIT-% | 90.6 % | 98.4 % | 91.8 % | 98.9 % | |
ROA | 6.3 % | 6.3 % | -0.9 % | 10.7 % | 25.6 % |
ROE | 6.4 % | 6.4 % | -0.9 % | 10.6 % | 25.6 % |
ROI | 6.4 % | 6.4 % | -0.9 % | 10.7 % | 25.6 % |
Economic value added (EVA) | 520.14 | 467.78 | - 116.88 | 742.83 | 2 273.96 |
Solvency | |||||
Equity ratio | 97.2 % | 99.9 % | 99.9 % | 99.9 % | 99.9 % |
Gearing | |||||
Relative net indebtedness % | -116.0 % | -198.8 % | 1637.5 % | -73.5 % | -67.9 % |
Liquidity | |||||
Quick ratio | 8.3 | 243.9 | 262.2 | 192.4 | 371.3 |
Current ratio | 8.3 | 243.9 | 262.2 | 192.4 | 371.3 |
Cash and cash equivalents | 881.29 | 1 024.21 | 875.06 | 680.08 | 1 585.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 290.6 % | 392.1 % | -4070.4 % | 176.1 % | 114.7 % |
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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