KANKON ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KANKON ApS
KANKON ApS (CVR number: 35247483) is a company from LEJRE. The company recorded a gross profit of 245.5 kDKK in 2023. The operating profit was -141.3 kDKK, while net earnings were -97.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14 %, which can be considered poor and Return on Equity (ROE) was -20.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.3 %, 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. KANKON ApS's liquidity measured by quick ratio was 2.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 675.83 | 1 060.70 | 1 329.13 | 1 057.34 | 245.55 |
EBIT | 54.27 | 375.46 | 424.97 | 224.28 | - 141.33 |
Net earnings | 46.99 | 301.07 | 312.78 | 175.12 | -97.39 |
Shareholders equity total | 164.87 | 405.94 | 598.71 | 523.73 | 426.34 |
Balance sheet total (assets) | 510.98 | 994.82 | 1 265.93 | 990.99 | 673.06 |
Net debt | - 351.94 | - 514.90 | - 644.27 | - 679.88 | - 409.55 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.7 % | 51.6 % | 38.8 % | 20.6 % | -14.0 % |
ROE | 33.2 % | 105.5 % | 62.3 % | 31.2 % | -20.5 % |
ROI | 31.5 % | 120.3 % | 66.3 % | 28.9 % | -16.5 % |
Economic value added (EVA) | 54.44 | 302.37 | 339.84 | 189.27 | -90.48 |
Solvency | |||||
Equity ratio | 32.3 % | 40.8 % | 47.3 % | 52.8 % | 63.3 % |
Gearing | 2.3 % | 15.9 % | 40.6 % | 45.8 % | 50.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.5 | 1.8 | 2.1 | 2.7 |
Current ratio | 1.1 | 1.5 | 1.8 | 2.1 | 2.7 |
Cash and cash equivalents | 355.79 | 579.60 | 887.43 | 919.51 | 623.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
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