KKD Finans ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KKD Finans ApS
KKD Finans ApS (CVR number: 26142474) is a company from ODENSE. The company recorded a gross profit of -15.5 kDKK in 2023. The operating profit was -15.5 kDKK, while net earnings were 18.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 73.5 %, 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. KKD Finans ApS's liquidity measured by quick ratio was 3.2 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 | -46.44 | -59.59 | -66.64 | -16.46 | -15.51 |
EBIT | -46.44 | -59.59 | -66.64 | -16.64 | -15.51 |
Net earnings | 121.73 | 346.20 | - 377.72 | 0.32 | 18.85 |
Shareholders equity total | 3 319.43 | 3 165.63 | 2 287.91 | 1 288.23 | 807.08 |
Balance sheet total (assets) | 4 013.91 | 3 713.38 | 2 765.32 | 1 802.07 | 1 097.67 |
Net debt | -3 482.88 | -3 238.43 | -2 223.06 | - 826.88 | - 488.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.3 % | 10.8 % | -1.3 % | 8.9 % | 2.4 % |
ROE | 3.2 % | 10.7 % | -13.9 % | 0.0 % | 1.8 % |
ROI | 4.1 % | 12.9 % | -1.5 % | 10.0 % | 2.4 % |
Economic value added (EVA) | 4.45 | -41.21 | -49.87 | -19.90 | -10.22 |
Solvency | |||||
Equity ratio | 82.7 % | 85.2 % | 82.7 % | 71.5 % | 73.5 % |
Gearing | 38.7 % | 35.4 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.1 | 5.9 | 4.9 | 2.8 | 3.2 |
Current ratio | 5.1 | 5.9 | 4.9 | 2.8 | 3.2 |
Cash and cash equivalents | 3 482.88 | 3 238.43 | 2 223.06 | 1 325.72 | 774.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
Variable visualization
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