K9 Core Work ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About K9 Core Work ApS
K9 Core Work ApS (CVR number: 40288791) is a company from RUDERSDAL. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -19.3 % compared to the previous year. The operating profit percentage was poor at -21.6 % (EBIT: -0 mDKK), while net earnings were -10.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.7 %, which can be considered poor and Return on Equity (ROE) was -18.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.1 %, 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. K9 Core Work ApS's liquidity measured by quick ratio was 2.9 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 | 59.43 | 47.98 | |||
Gross profit | 21.69 | 23.64 | 2.95 | 26.73 | -10.38 |
EBIT | 21.69 | 23.64 | 2.95 | 26.73 | -10.38 |
Net earnings | 16.94 | 18.21 | 1.82 | 24.91 | -10.38 |
Shareholders equity total | 16.94 | 35.15 | 41.82 | 61.37 | 50.99 |
Balance sheet total (assets) | 46.00 | 79.42 | 86.85 | 87.61 | 76.00 |
Net debt | -10.98 | -22.84 | -34.85 | -33.76 | -38.52 |
Profitability | |||||
EBIT-% | 45.0 % | -21.6 % | |||
ROA | 47.1 % | 37.7 % | 3.5 % | 30.6 % | -12.7 % |
ROE | 100.0 % | 69.9 % | 4.7 % | 48.3 % | -18.5 % |
ROI | 70.0 % | 54.8 % | 5.3 % | 38.6 % | -13.6 % |
Economic value added (EVA) | 16.94 | 19.64 | 5.10 | 25.62 | -10.94 |
Solvency | |||||
Equity ratio | 36.8 % | 44.3 % | 48.2 % | 70.1 % | 67.1 % |
Gearing | 82.9 % | 57.0 % | 36.4 % | 32.7 % | 39.3 % |
Relative net indebtedness % | -46.4 % | -69.9 % | |||
Liquidity | |||||
Quick ratio | 0.9 | 1.0 | 1.2 | 2.1 | 2.9 |
Current ratio | 1.6 | 1.8 | 1.9 | 3.3 | 3.0 |
Cash and cash equivalents | 25.04 | 42.89 | 50.06 | 53.81 | 58.57 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 15.8 | 81.1 | |||
Net working capital % | 103.3 % | 106.3 % | |||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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