KEN STORKØKKEN A/S

CVR number: 20218428
Runetoften 15, Hasle 8210 Aarhus V
tel: 86248400

Credit rating

Company information

Official name
KEN STORKØKKEN A/S
Personnel
52 persons
Established
1949
Domicile
Hasle
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

KEN STORKØKKEN A/S (CVR number: 20218428) is a company from AARHUS. The company reported a net sales of 159.6 mDKK in 2023, demonstrating a growth of 0.3 % compared to the previous year. The operating profit percentage was at 12 % (EBIT: 19.1 mDKK), while net earnings were 12.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.6 %, which can be considered excellent and Return on Equity (ROE) was 53.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KEN STORKØKKEN A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales139.89130.37177.18159.20159.64
Gross profit21.5518.4527.5915.0849.73
EBIT-5.55-12.050.47-17.6419.08
Net earnings-4.37-7.11-0.01-15.1312.56
Shareholders equity total27.4220.3120.3017.1729.73
Balance sheet total (assets)89.2088.40115.24105.3999.39
Net debt55.2338.05
Profitability
EBIT-%-4.0 %-9.2 %0.3 %-11.1 %12.0 %
ROA-5.6 %-13.6 %0.5 %-15.8 %18.6 %
ROE-14.3 %-29.8 %-0.0 %-80.8 %53.6 %
ROI-5.6 %-13.6 %0.5 %-18.1 %25.6 %
Economic value added (EVA)-7.24-13.43-0.55-14.8213.90
Solvency
Equity ratio100.0 %100.0 %100.0 %16.4 %30.0 %
Gearing321.9 %128.0 %
Relative net indebtedness %54.3 %42.6 %
Liquidity
Quick ratio0.60.9
Current ratio1.21.5
Cash and cash equivalents0.040.00
Capital use efficiency
Trade debtors turnover (days)97.3121.8
Net working capital %9.5 %19.6 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:18.6%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.0%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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