KUCING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KUCING ApS
KUCING ApS (CVR number: 19532577) is a company from ODENSE. The company recorded a gross profit of -427.1 kDKK in 2023. The operating profit was -1050.5 kDKK, while net earnings were -1252.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 74.2 %, 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. KUCING ApS's liquidity measured by quick ratio was 3.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 307.22 | - 268.80 | - 348.40 | - 431.40 | - 427.06 |
EBIT | - 779.22 | - 708.64 | - 823.06 | -1 037.08 | -1 050.51 |
Net earnings | -10 862.40 | 9 636.90 | -8 286.11 | - 672.50 | -1 252.54 |
Shareholders equity total | 43 298.70 | 52 685.60 | 43 399.49 | 36 276.99 | 34 024.44 |
Balance sheet total (assets) | 45 371.46 | 56 756.82 | 43 470.53 | 52 419.63 | 45 843.69 |
Net debt | -36 014.80 | -46 215.26 | -34 496.72 | -25 470.16 | -23 502.56 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.3 % | 22.8 % | -0.1 % | 2.6 % | -0.5 % |
ROE | -22.1 % | 20.1 % | -17.2 % | -1.7 % | -3.6 % |
ROI | 0.3 % | 22.8 % | -0.1 % | 2.6 % | -0.5 % |
Economic value added (EVA) | - 663.95 | - 854.91 | - 763.76 | -1 172.61 | - 512.70 |
Solvency | |||||
Equity ratio | 95.4 % | 92.8 % | 99.8 % | 69.2 % | 74.2 % |
Gearing | 4.8 % | 7.7 % | 0.2 % | 44.5 % | 34.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 21.9 | 13.9 | 611.9 | 3.2 | 3.9 |
Current ratio | 21.9 | 13.9 | 611.9 | 3.2 | 3.9 |
Cash and cash equivalents | 38 087.56 | 50 286.48 | 34 567.74 | 41 612.57 | 35 321.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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