KUCING ApS — Credit Rating and Financial Key Figures

CVR number: 19532577
Valmuemarken 20, Hjallese 5260 Odense S
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Credit rating

Company information

Official name
KUCING ApS
Personnel
2 persons
Established
1996
Domicile
Hjallese
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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-10 862.409 636.90-8 286.11- 672.50-1 252.54
Shareholders equity total43 298.7052 685.6043 399.4936 276.9934 024.44
Balance sheet total (assets)45 371.4656 756.8243 470.5352 419.6345 843.69
Net debt-36 014.80-46 215.26-34 496.72-25 470.16-23 502.56
Profitability
EBIT-%
ROA0.3 %22.8 %-0.1 %2.6 %-0.5 %
ROE-22.1 %20.1 %-17.2 %-1.7 %-3.6 %
ROI0.3 %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 ratio95.4 %92.8 %99.8 %69.2 %74.2 %
Gearing4.8 %7.7 %0.2 %44.5 %34.7 %
Relative net indebtedness %
Liquidity
Quick ratio21.913.9611.93.23.9
Current ratio21.913.9611.93.23.9
Cash and cash equivalents38 087.5650 286.4834 567.7441 612.5735 321.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-0.54%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.2%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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