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: 16632635) is a company from BILLUND. The company reported a net sales of 192.2 mDKK in 2023, demonstrating a growth of 19.4 % compared to the previous year. The operating profit percentage was at 4.5 % (EBIT: 8.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2022
2023
Volume
Net sales160 890.00192 175.00
Gross profit97 511.00106 386.00
EBIT-1 653.008 598.00
Net earnings1 787 420.004 155 669.00
Shareholders equity total13 042 617.0013 701 786.00
Balance sheet total (assets)18 695 929.0020 067 421.00
Net debt-5 718 903.00-4 577 380.00
Profitability
EBIT-%-1.0 %4.5 %
ROA23.0 %25.9 %
ROE13.7 %31.1 %
ROI25.5 %27.8 %
Economic value added (EVA)- 690 559.77-1 659.07- 841 448.87
Solvency
Equity ratio69.8 %68.3 %
Gearing29.7 %39.8 %
Relative net indebtedness %-2447.2 %-1910.4 %
Liquidity
Quick ratio1.71.6
Current ratio1.71.6
Cash and cash equivalents9 590 584.0010 036 974.00
Capital use efficiency
Trade debtors turnover (days)17.57.1
Net working capital %-3306.5 %-3194.0 %
Credit risk
Credit ratingBAA

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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