KITEDANMARK ApS — Credit Rating and Financial Key Figures

CVR number: 32564933
Kanalholmen 1, 2650 Hvidovre
info@KiteDanmark.dk
tel: 51506332
www.kitedanmark.dk

Company information

Official name
KITEDANMARK ApS
Personnel
56 persons
Established
2009
Company form
Private limited company
Industry

About KITEDANMARK ApS

KITEDANMARK ApS (CVR number: 32564933) is a company from HVIDOVRE. The company recorded a gross profit of 29.6 mDKK in 2024. The operating profit was 13.4 mDKK, while net earnings were 10.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent and Return on Equity (ROE) was 54.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.6 %, 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. KITEDANMARK ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit50 085.0531 041.189 237.2913 320.6829 556.95
EBIT33 846.516 641.05-11 023.11-1 203.6413 381.97
Net earnings25 568.643 242.36-15 821.78-6 470.9410 062.70
Shareholders equity total35 307.6435 817.0019 995.2213 524.2823 586.98
Balance sheet total (assets)74 960.41135 082.43100 830.7086 512.2572 344.97
Net debt-23 187.7965 781.1856 915.3049 353.9525 052.42
Profitability
EBIT-%
ROA65.3 %7.0 %-9.3 %-0.6 %16.9 %
ROE113.5 %9.1 %-56.7 %-38.6 %54.2 %
ROI133.8 %10.6 %-12.1 %-0.8 %23.8 %
Economic value added (EVA)25 601.913 198.74-16 230.42-5 115.376 316.36
Solvency
Equity ratio47.1 %26.5 %19.8 %15.6 %32.6 %
Gearing0.3 %187.2 %285.4 %365.7 %106.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.20.10.10.3
Current ratio1.81.41.31.21.6
Cash and cash equivalents23 309.251 258.87145.93101.6482.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBA

Variable visualization

ROA:16.9%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.6%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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