KIRK KAPITAL A/S
Credit rating
Company information
About KIRK KAPITAL A/S
KIRK KAPITAL A/S (CVR number: 31159857K) is a company from VEJLE. The company recorded a gross profit of -146000 kDKK in 2023. The operating profit was 1424 mDKK, while net earnings were 1426 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 16.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KIRK KAPITAL A/S'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 120 000.00 | 113 000.00 | |||
Gross profit | 7 000.00 | -3 000.00 | - 150 000.00 | - 177 000.00 | - 146 000.00 |
EBIT | - 142 000.00 | -95 000.00 | 1 404 000.00 | 1 087 000.00 | 1 424 000.00 |
Net earnings | 695 000.00 | 416 000.00 | 1 339 000.00 | 1 039 000.00 | 1 426 000.00 |
Shareholders equity total | 5 108 000.00 | 5 450 000.00 | 8 140 000.00 | 9 091 000.00 | 8 140 000.00 |
Balance sheet total (assets) | 6 144 000.00 | 6 471 000.00 | 7 257 000.00 | 9 033 000.00 | 10 051 000.00 |
Net debt | 765 000.00 | 656 000.00 | 145 000.00 | 547 000.00 | 501 000.00 |
Profitability | |||||
EBIT-% | -118.3 % | -84.1 % | |||
ROA | 13.0 % | 6.9 % | 20.4 % | 13.2 % | 14.7 % |
ROE | 14.6 % | 7.9 % | 19.7 % | 12.1 % | 16.6 % |
ROI | 13.5 % | 7.2 % | 21.1 % | 13.4 % | 14.8 % |
Economic value added (EVA) | - 329 921.79 | - 322 924.22 | 1 065 287.88 | 711 033.43 | 1 043 462.10 |
Solvency | |||||
Equity ratio | 83.3 % | 84.2 % | 94.1 % | 91.1 % | 89.5 % |
Gearing | 16.3 % | 14.7 % | 1.8 % | 6.0 % | 6.2 % |
Relative net indebtedness % | 808.3 % | 773.5 % | |||
Liquidity | |||||
Quick ratio | 2.8 | 2.8 | 0.0 | 0.1 | 0.0 |
Current ratio | 3.0 | 3.0 | 0.0 | 0.1 | 0.0 |
Cash and cash equivalents | 66 000.00 | 147 000.00 | 1 000.00 | 1 000.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1225.0 % | 1292.0 % | |||
Credit risk | |||||
Credit rating | A | A | BBB | BBB | BBB |
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