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 -392.4 kDKK in 2024. The operating profit was -1011.9 kDKK, while net earnings were 2894.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good and Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72.9 %, 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 3.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 268.80 | - 348.40 | - 431.40 | - 427.06 | - 392.43 |
| EBIT | - 708.64 | - 823.06 | -1 037.08 | -1 050.51 | -1 011.89 |
| Net earnings | 9 636.90 | -8 286.11 | - 672.50 | -1 252.54 | 2 894.28 |
| Shareholders equity total | 52 685.60 | 43 399.49 | 36 276.99 | 34 024.44 | 35 918.73 |
| Balance sheet total (assets) | 56 756.82 | 43 470.53 | 52 419.63 | 45 843.69 | 49 252.66 |
| Net debt | -46 215.26 | -34 496.72 | -25 470.16 | -23 502.56 | -25 853.97 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 22.8 % | -0.1 % | 2.6 % | -0.5 % | 9.5 % |
| ROE | 20.1 % | -17.2 % | -1.7 % | -3.6 % | 8.3 % |
| ROI | 22.8 % | -0.1 % | 2.6 % | -0.5 % | 9.5 % |
| Economic value added (EVA) | -2 872.97 | -3 495.23 | -2 913.21 | -3 414.89 | -3 092.52 |
| Solvency | |||||
| Equity ratio | 92.8 % | 99.8 % | 69.2 % | 74.2 % | 72.9 % |
| Gearing | 7.7 % | 0.2 % | 44.5 % | 34.7 % | 37.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 13.9 | 611.9 | 3.2 | 3.9 | 3.7 |
| Current ratio | 13.9 | 611.9 | 3.2 | 3.9 | 3.7 |
| Cash and cash equivalents | 50 286.48 | 34 567.74 | 41 612.57 | 35 321.37 | 39 187.65 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BBB | BBB | BBB |
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