KINCO CORPORATION ApS

CVR number: 26714877
Overgårdvej 4, Naur 7500 Holstebro

Credit rating

Company information

Official name
KINCO CORPORATION ApS
Personnel
3 persons
Established
2002
Domicile
Naur
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

KINCO CORPORATION ApS (CVR number: 26714877) is a company from HOLSTEBRO. The company recorded a gross profit of 914.2 kDKK in 2023. The operating profit was 19.9 kDKK, while net earnings were 9.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.9 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.4 %, 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. KINCO CORPORATION ApS's liquidity measured by quick ratio was 1.7 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
20192020202120222023
Volume
Net sales
Gross profit915.72856.04930.351 233.71914.21
EBIT145.0291.74101.40398.6319.91
Net earnings96.8958.6666.72285.669.87
Shareholders equity total1 659.131 657.791 664.511 892.981 843.94
Balance sheet total (assets)2 438.103 084.013 223.442 944.552 694.56
Net debt- 764.91-1 137.86- 674.16- 597.27- 774.89
Profitability
EBIT-%
ROA6.0 %3.6 %3.3 %13.0 %0.9 %
ROE5.9 %3.5 %4.0 %16.1 %0.5 %
ROI8.4 %5.4 %5.5 %20.1 %1.2 %
Economic value added (EVA)101.2923.6557.73255.84-40.34
Solvency
Equity ratio68.1 %53.8 %51.6 %64.3 %68.4 %
Gearing10.3 %15.1 %14.8 %9.8 %14.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.71.41.21.51.7
Current ratio3.02.11.92.73.1
Cash and cash equivalents935.651 388.49920.60782.881 032.49
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:0.91%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.4%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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