K&C EJENDOMME APS — Credit Rating and Financial Key Figures

CVR number: 38440284
Funderholmevej 30, 8600 Silkeborg

Credit rating

Company information

Official name
K&C EJENDOMME APS
Established
2017
Company form
Private limited company
Industry

About K&C EJENDOMME APS

K&C EJENDOMME APS (CVR number: 38440284) is a company from SILKEBORG. The company recorded a gross profit of 76.6 kDKK in 2023. The operating profit was 60.2 kDKK, while net earnings were 2.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, 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 8.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. K&C EJENDOMME APS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit85.3184.8868.1937.8476.58
EBIT68.9768.5451.8521.5060.25
Net earnings31.2831.8917.56-9.742.78
Shareholders equity total121.66153.54171.10161.36164.14
Balance sheet total (assets)2 112.192 105.202 078.452 032.872 004.03
Net debt1 865.881 816.311 788.141 788.341 770.68
Profitability
EBIT-%
ROA3.3 %3.3 %2.5 %1.0 %3.0 %
ROE29.5 %23.2 %10.8 %-5.9 %1.7 %
ROI3.3 %3.3 %2.5 %1.1 %3.1 %
Economic value added (EVA)-17.62-17.51-29.96-35.50-18.30
Solvency
Equity ratio5.8 %7.3 %8.2 %7.9 %8.2 %
Gearing1592.9 %1235.9 %1086.5 %1129.9 %1095.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.60.50.30.2
Current ratio0.50.60.50.30.2
Cash and cash equivalents72.0481.3970.9334.8426.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.99%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.19%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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