KOLDINGVEJ 2, BILLUND A/S — Credit Rating and Financial Key Figures

CVR number: 16632635
Koldingvej 2, 7190 Billund
kirkbi@kirkbi.com
tel: 75338833

Company information

Official name
KOLDINGVEJ 2, BILLUND A/S
Personnel
1 person
Established
1992
Company form
Limited company
Industry

About KOLDINGVEJ 2, BILLUND A/S

KOLDINGVEJ 2, BILLUND A/S (CVR number: 16632635K) is a company from BILLUND. The company reported a net sales of 209.3 mDKK in 2023, demonstrating a growth of 18 % compared to the previous year. The operating profit percentage was at 5.9 % (EBIT: 12.3 mDKK), while net earnings were 4155.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25.9 %, which can be considered excellent and Return on Equity (ROE) was 31.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.3 %, 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. KOLDINGVEJ 2, BILLUND A/S's liquidity measured by quick ratio was 1.6 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales154.00113.00123.00177.41209.34
Gross profit154.00113.00123.00110.78119.82
EBIT-28.00- 186.00-10.001.9112.32
Net earnings3 116.002 549.004 610.001 787.424 155.67
Shareholders equity total12 610.0013 720.0013 047.5313 706.16
Balance sheet total (assets)15 466.0016 301.0018 705.9620 076.47
Net debt-5 731.70-4 590.48
Profitability
EBIT-%-164.6 %-8.1 %1.1 %5.9 %
ROA-1.2 %-0.1 %23.0 %25.9 %
ROE19.4 %67.2 %13.7 %31.1 %
ROI-1.2 %-0.1 %25.5 %27.8 %
Economic value added (EVA)- 718.82- 819.65- 699.431.91- 838.02
Solvency
Equity ratio100.0 %69.8 %68.3 %
Gearing29.7 %39.8 %
Relative net indebtedness %-2223.6 %-1757.8 %
Liquidity
Quick ratio1.81.6
Current ratio1.81.6
Cash and cash equivalents9 603.3810 050.08
Capital use efficiency
Trade debtors turnover (days)15.86.5
Net working capital %-2994.1 %-2928.0 %
Credit risk
Credit ratingBBBBAA

Variable visualization

ROA:25.9%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.3%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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