DEN KINESISKE KØBMAND ApS — Credit Rating and Financial Key Figures

CVR number: 34737347
Roholmsvej 17 L, 2620 Albertslund
rtq@denkinesiskekoebmand.dk
tel: 53535155
www.denkinesiskekoebmand.dk

Credit rating

Company information

Official name
DEN KINESISKE KØBMAND ApS
Personnel
22 persons
Established
2012
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About DEN KINESISKE KØBMAND ApS

DEN KINESISKE KØBMAND ApS (CVR number: 34737347) is a company from ALBERTSLUND. The company recorded a gross profit of 6015.5 kDKK in 2023. The operating profit was 1158.7 kDKK, while net earnings were 910.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.5 %, which can be considered excellent and Return on Equity (ROE) was 34.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.2 %, 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. DEN KINESISKE KØBMAND ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit3 116.823 006.625 635.314 711.076 015.46
EBIT208.2868.701 676.54329.471 158.72
Net earnings129.08272.951 000.55231.71910.81
Shareholders equity total1 322.071 595.022 595.572 827.282 454.20
Balance sheet total (assets)2 491.714 667.726 227.976 414.686 268.28
Net debt- 760.77- 341.75-1 212.03- 587.16- 803.59
Profitability
EBIT-%
ROA8.0 %10.2 %30.9 %6.2 %18.5 %
ROE10.3 %18.7 %47.8 %8.5 %34.5 %
ROI15.5 %24.7 %78.9 %14.1 %42.8 %
Economic value added (EVA)185.8224.541 255.94172.85790.18
Solvency
Equity ratio53.1 %34.2 %41.7 %44.1 %39.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.30.50.70.80.5
Current ratio1.70.61.21.21.2
Cash and cash equivalents760.77341.751 212.03587.16803.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:18.5%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.2%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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