KK-FONDEN — Credit Rating and Financial Key Figures

CVR number: 11640699
Heklas Allé 7, 2300 København S
birte@moeller-martensen.dk
tel: 40558884
Free credit report Annual report

Company information

Official name
KK-FONDEN
Established
1999
Industry

About KK-FONDEN

KK-FONDEN (CVR number: 11640699) is a company from KØBENHAVN. The company reported a net sales of 0.4 mDKK in 2024, demonstrating a growth of 104111.1 % compared to the previous year. The operating profit percentage was at 20 % (EBIT: 0.1 mDKK), while net earnings were 48 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 55.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KK-FONDEN's liquidity measured by quick ratio was 0.5 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales270.00360.000.38394.96
Gross profit173.0090.00163.000.19158.32
EBIT100.0090.0087.000.1178.80
Net earnings10.00-6.0052.000.1348.00
Shareholders equity total1 431.001 425.001 478.001 610.001 658.00
Balance sheet total (assets)3 043.003 052.003 084.003 085.003 071.55
Net debt874.00648.00559.00443.00470.18
Profitability
EBIT-%33.3 %24.2 %28.2 %20.0 %
ROA3.4 %3.0 %2.8 %0.0 %2.6 %
ROE0.7 %-0.4 %3.6 %0.0 %2.9 %
ROI4.1 %3.8 %3.7 %0.0 %3.1 %
Economic value added (EVA)-48.77-47.18-51.07- 120.04-65.64
Solvency
Equity ratio47.0 %48.1 %49.4 %53.8 %55.6 %
Gearing61.1 %53.9 %49.5 %43.0 %39.4 %
Relative net indebtedness %495.9 %347.8 %266754.6 %253.6 %
Liquidity
Quick ratio0.30.40.30.60.5
Current ratio0.30.40.30.50.4
Cash and cash equivalents120.00172.00249.00182.51
Capital use efficiency
Trade debtors turnover (days)202.838.538 522.437.9
Net working capital %-170.0 %-145.0 %-83905.0 %-87.8 %
Credit risk
Credit ratingBBBBBBABBA

Variable visualization

ROA:2.56%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.6%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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