KIT OFFICE A/S

CVR number: 19424375
Hagenstrupvej 38, 8860 Ulstrup
tel: 86463181

Credit rating

Company information

Official name
KIT OFFICE A/S
Personnel
1 person
Established
1996
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About KIT OFFICE A/S

KIT OFFICE A/S (CVR number: 19424375) is a company from FAVRSKOV. The company recorded a gross profit of -355.1 kDKK in 2023. The operating profit was -454 kDKK, while net earnings were -524.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.3 %, which can be considered poor and Return on Equity (ROE) was -37.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -63.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. KIT OFFICE A/S's liquidity measured by quick ratio was 0.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit858.67731.97-97.60- 433.48- 355.10
EBIT- 429.23- 482.28- 782.92- 543.40- 454.01
Net earnings- 382.85- 429.14- 666.59-1 254.60- 524.45
Shareholders equity total832.85403.71- 262.88-1 517.47-2 041.92
Balance sheet total (assets)3 287.333 248.692 641.041 625.461 182.38
Net debt17.82246.701 119.811 373.261 461.32
Profitability
EBIT-%
ROA-12.7 %-14.6 %-25.2 %-18.0 %-14.3 %
ROE-37.4 %-69.4 %-43.8 %-58.8 %-37.4 %
ROI-37.8 %-50.1 %-77.1 %-40.4 %-29.9 %
Economic value added (EVA)- 381.51- 409.31- 619.59- 371.34- 362.93
Solvency
Equity ratio25.3 %12.4 %-9.1 %-48.3 %-63.3 %
Gearing24.5 %115.4 %-435.5 %-101.8 %-72.9 %
Relative net indebtedness %
Liquidity
Quick ratio2.11.81.40.50.4
Current ratio6.24.03.31.41.1
Cash and cash equivalents186.48219.0025.06171.6128.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBCCC

Variable visualization

ROA:-14.3%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-63.3%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

Build time: 2024-10-21T13:51:26.142Z

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