Kop & Kande Ikast ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kop & Kande Ikast ApS
Kop & Kande Ikast ApS (CVR number: 36912278) is a company from IKAST-BRANDE. The company recorded a gross profit of 1360.6 kDKK in 2023. The operating profit was -231 kDKK, while net earnings were -190.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.1 %, which can be considered poor and Return on Equity (ROE) was -16.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 34 %, 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. Kop & Kande Ikast ApS's liquidity measured by quick ratio was 0.7 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 | 1 660.23 | 1 905.32 | 1 852.14 | 1 526.45 | 1 360.60 |
EBIT | 55.89 | 392.29 | 202.11 | - 179.17 | - 230.97 |
Net earnings | 134.16 | 392.72 | 283.13 | 1.45 | - 190.19 |
Shareholders equity total | 988.93 | 1 271.05 | 1 441.18 | 1 328.23 | 1 020.24 |
Balance sheet total (assets) | 3 213.76 | 2 791.32 | 2 591.71 | 3 157.88 | 3 004.69 |
Net debt | -1 559.37 | -1 203.54 | - 635.99 | -1 221.66 | -1 251.79 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.1 % | 17.1 % | 14.2 % | 0.4 % | -6.1 % |
ROE | 13.7 % | 34.8 % | 20.9 % | 0.1 % | -16.2 % |
ROI | 17.8 % | 45.0 % | 27.9 % | 0.8 % | -16.1 % |
Economic value added (EVA) | 107.55 | 334.01 | 154.57 | - 219.63 | - 229.60 |
Solvency | |||||
Equity ratio | 30.8 % | 45.5 % | 55.6 % | 42.1 % | 34.0 % |
Gearing | 1.1 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 1.0 | 0.6 | 0.8 | 0.7 |
Current ratio | 1.4 | 1.8 | 2.0 | 1.7 | 1.5 |
Cash and cash equivalents | 1 559.37 | 1 217.32 | 635.99 | 1 221.66 | 1 251.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
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