KOCK HOLDING SØNDERBORG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KOCK HOLDING SØNDERBORG ApS
KOCK HOLDING SØNDERBORG ApS (CVR number: 35142495) is a company from SØNDERBORG. The company recorded a gross profit of -16.4 kDKK in 2023. The operating profit was -16.4 kDKK, while net earnings were 595.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.4 %, which can be considered good but Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.8 %, 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. KOCK HOLDING SØNDERBORG 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -15.45 | -25.41 | -13.91 | -14.97 | -16.37 |
EBIT | -15.45 | -25.41 | -13.91 | -14.97 | -16.37 |
Net earnings | 246.32 | 927.62 | 660.42 | 749.11 | 595.62 |
Shareholders equity total | 828.85 | 1 756.47 | 2 416.90 | 3 166.00 | 3 761.63 |
Balance sheet total (assets) | 2 564.98 | 3 770.27 | 4 346.65 | 5 193.00 | 4 712.68 |
Net debt | 996.50 | 1 163.61 | 1 281.62 | 1 320.77 | 425.14 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.3 % | 30.8 % | 17.8 % | 17.0 % | 13.4 % |
ROE | 15.8 % | 71.8 % | 31.6 % | 26.8 % | 17.2 % |
ROI | 11.6 % | 32.1 % | 18.6 % | 18.5 % | 15.2 % |
Economic value added (EVA) | -34.54 | 55.92 | 75.61 | 115.33 | 136.85 |
Solvency | |||||
Equity ratio | 32.3 % | 46.6 % | 55.6 % | 61.0 % | 79.8 % |
Gearing | 120.7 % | 66.3 % | 54.6 % | 42.8 % | 12.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 |
Current ratio | 0.4 | 0.4 | 0.4 | 0.5 | 0.5 |
Cash and cash equivalents | 3.79 | 1.62 | 37.55 | 34.72 | 32.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | A |
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