KIGA SHIPPING ApS — Credit Rating and Financial Key Figures

CVR number: 25665856
Gardes Alle 7, 2900 Hellerup
kgandorf@yahoo.dk

Company information

Official name
KIGA SHIPPING ApS
Established
2000
Company form
Private limited company
Industry

About KIGA SHIPPING ApS

KIGA SHIPPING ApS (CVR number: 25665856) is a company from GENTOFTE. The company recorded a gross profit of -11 kDKK in 2023. The operating profit was -11 kDKK, while net earnings were 113.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 6.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KIGA SHIPPING ApS's liquidity measured by quick ratio was 169.9 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-11.84-11.80-11.62-12.47-11.00
EBIT-11.84-11.80-11.62-12.47-11.00
Net earnings197.0579.64474.9215.03113.16
Shareholders equity total1 259.701 339.341 731.171 662.011 688.55
Balance sheet total (assets)1 302.161 355.941 864.411 679.711 698.55
Net debt-1 291.94-1 355.94-22.11- 236.85-1 686.48
Profitability
EBIT-%
ROA21.6 %7.6 %37.8 %2.0 %8.6 %
ROE17.0 %6.1 %30.9 %0.9 %6.8 %
ROI22.1 %7.7 %39.7 %2.1 %8.6 %
Economic value added (EVA)-10.70-7.79-8.23-94.74-79.69
Solvency
Equity ratio96.7 %98.8 %92.9 %98.9 %99.4 %
Gearing0.6 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio30.781.70.214.7169.9
Current ratio30.781.70.214.7169.9
Cash and cash equivalents1 291.941 355.9422.11246.851 696.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBB

Variable visualization

ROA:8.59%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 91/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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