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KIRK KAPITAL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KIRK KAPITAL A/S
KIRK KAPITAL A/S (CVR number: 31159857) is a company from VEJLE. The company reported a net sales of 486 mDKK in 2020, demonstrating a decline of -39 % compared to the previous year. The operating profit percentage was at 86.6 % (EBIT: 421 mDKK), while net earnings were 393 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent and Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 87.4 %, 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 2.9 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 6.11 | - 186.02 | 200.00 | 797.00 | 486.00 |
| Gross profit | -15.42 | - 245.57 | 216.00 | 807.00 | 496.00 |
| EBIT | - 138.62 | - 245.57 | 133.00 | 723.00 | 421.00 |
| Net earnings | 147.63 | - 267.14 | 159.00 | 695.00 | 393.00 |
| Shareholders equity total | 4 580.80 | 4 352.81 | 4 473.00 | 5 108.00 | 5 450.00 |
| Balance sheet total (assets) | 5 058.02 | 4 970.82 | 4 882.00 | 5 836.00 | 6 236.00 |
| Net debt | -73.87 | 554.48 | 276.00 | 501.00 | 509.00 |
| Profitability | |||||
| EBIT-% | -2268.7 % | 66.5 % | 90.7 % | 86.6 % | |
| ROA | 4.7 % | -4.9 % | 2.5 % | 13.5 % | 7.0 % |
| ROE | 3.3 % | -6.0 % | 3.6 % | 14.5 % | 7.4 % |
| ROI | 1.6 % | -3.4 % | 2.5 % | 13.7 % | 7.1 % |
| Economic value added (EVA) | - 363.51 | - 495.28 | -75.19 | 457.08 | 106.61 |
| Solvency | |||||
| Equity ratio | 49.9 % | 87.6 % | 91.6 % | 87.5 % | 87.4 % |
| Gearing | 13.0 % | 6.7 % | 10.8 % | 10.7 % | |
| Relative net indebtedness % | -76181.1 % | -326.6 % | 192.5 % | 84.9 % | 146.9 % |
| Liquidity | |||||
| Quick ratio | -0.4 | 7.9 | 14.6 | 3.2 | 2.9 |
| Current ratio | -0.4 | 7.9 | 14.6 | 3.2 | 2.9 |
| Cash and cash equivalents | 73.87 | 10.53 | 24.00 | 51.00 | 72.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | -0.1 | 1.8 | |||
| Net working capital % | 102842.2 % | -774.5 % | 739.5 % | 172.3 % | 264.0 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | A | AA | AA |
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