KKD Finans ApS — Credit Rating and Financial Key Figures

CVR number: 26142474
Kaalundsvej 46, 5230 Odense M

Credit rating

Company information

Official name
KKD Finans ApS
Established
2001
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings121.73346.20- 377.720.3218.85
Shareholders equity total3 319.433 165.632 287.911 288.23807.08
Balance sheet total (assets)4 013.913 713.382 765.321 802.071 097.67
Net debt-3 482.88-3 238.43-2 223.06- 826.88- 488.37
Profitability
EBIT-%
ROA3.3 %10.8 %-1.3 %8.9 %2.4 %
ROE3.2 %10.7 %-13.9 %0.0 %1.8 %
ROI4.1 %12.9 %-1.5 %10.0 %2.4 %
Economic value added (EVA)4.45-41.21-49.87-19.90-10.22
Solvency
Equity ratio82.7 %85.2 %82.7 %71.5 %73.5 %
Gearing38.7 %35.4 %
Relative net indebtedness %
Liquidity
Quick ratio5.15.94.92.83.2
Current ratio5.15.94.92.83.2
Cash and cash equivalents3 482.883 238.432 223.061 325.72774.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:2.43%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.5%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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