Kite Invent Aps — Credit Rating and Financial Key Figures

CVR number: 37878065
Vegavej 15, 8270 Højbjerg
info@kiteinvent.com
tel: 29403397
http://www.kiteinvent.com

Company information

Official name
Kite Invent Aps
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Kite Invent Aps

Kite Invent Aps (CVR number: 37878065) is a company from AARHUS. The company recorded a gross profit of 3.2 kDKK in 2023. The operating profit was 3.2 kDKK, while net earnings were 2.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kite Invent Aps's liquidity measured by quick ratio was 33.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit558.33563.9523.509.893.19
EBIT9.0120.8519.799.893.19
Net earnings7.0315.6213.936.102.49
Shareholders equity total105.03127.68141.61147.71150.20
Balance sheet total (assets)260.39271.15150.88152.24154.85
Net debt- 159.70- 271.15- 139.02- 146.56- 141.96
Profitability
EBIT-%
ROA4.0 %7.8 %9.4 %6.5 %2.1 %
ROE6.7 %13.4 %10.3 %4.2 %1.7 %
ROI8.3 %17.4 %14.2 %6.6 %2.1 %
Economic value added (EVA)9.7118.6622.497.803.25
Solvency
Equity ratio40.3 %47.1 %93.9 %97.0 %97.0 %
Gearing6.0 %1.6 %1.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.916.333.633.3
Current ratio1.81.916.333.633.3
Cash and cash equivalents159.70271.15147.53148.89144.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:2.08%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.0%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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