Credit rating
Company information
About KS HOLDING, ØLGOD ApS
KS HOLDING, ØLGOD ApS (CVR number: 28655061) is a company from VARDE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 69.4 kDKK, while net earnings were 69.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 47.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KS HOLDING, ØLGOD ApS's liquidity measured by quick ratio was 0.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 47.33 | ||||
EBIT | 43.58 | 44.02 | 44.54 | 41.26 | 69.44 |
Net earnings | 113.82 | -44.67 | 130.63 | 80.78 | 69.50 |
Shareholders equity total | 908.75 | 850.00 | 980.64 | 1 061.42 | 1 130.92 |
Balance sheet total (assets) | 2 219.14 | 2 117.34 | 2 232.09 | 2 322.38 | 2 373.61 |
Net debt | 913.35 | 919.36 | 848.44 | 911.74 | 805.02 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.3 % | 0.2 % | 7.9 % | 10.6 % | 5.6 % |
ROE | 13.4 % | -5.1 % | 14.3 % | 7.9 % | 6.3 % |
ROI | 6.5 % | 0.2 % | 8.0 % | 10.9 % | 5.7 % |
Economic value added (EVA) | 14.34 | 14.12 | 11.08 | -1.94 | 36.69 |
Solvency | |||||
Equity ratio | 41.0 % | 40.1 % | 43.9 % | 45.7 % | 47.6 % |
Gearing | 139.1 % | 144.1 % | 124.3 % | 112.7 % | 102.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.9 | 1.0 | 0.8 | 0.8 |
Current ratio | 1.0 | 0.9 | 1.0 | 0.8 | 0.8 |
Cash and cash equivalents | 350.70 | 305.12 | 370.24 | 284.26 | 351.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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