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K2 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About K2 ApS
K2 ApS (CVR number: 15124105) is a company from GLOSTRUP. The company recorded a gross profit of 66.7 kDKK in 2024. The operating profit was -58 kDKK, while net earnings were -56.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -4.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.8 %, 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. K2 ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 50.93 | 49.38 | 23.88 | -40.54 | 66.66 |
| EBIT | -34.52 | - 130.50 | -72.59 | - 177.75 | -58.00 |
| Net earnings | -43.85 | - 118.77 | -69.82 | - 150.96 | -56.78 |
| Shareholders equity total | 1 690.74 | 1 571.98 | 1 502.16 | 1 351.20 | 1 294.42 |
| Balance sheet total (assets) | 2 257.12 | 2 253.85 | 2 086.55 | 1 997.21 | 1 908.54 |
| Net debt | 31.66 | -49.81 | - 109.47 | 112.46 | 125.74 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -1.5 % | -5.8 % | -3.3 % | -8.7 % | -3.0 % |
| ROE | -2.6 % | -7.3 % | -4.5 % | -10.6 % | -4.3 % |
| ROI | -1.5 % | -6.0 % | -3.5 % | -9.1 % | -3.1 % |
| Economic value added (EVA) | - 142.62 | - 214.42 | - 163.21 | - 240.76 | - 140.48 |
| Solvency | |||||
| Equity ratio | 74.9 % | 69.7 % | 72.0 % | 67.7 % | 67.8 % |
| Gearing | 32.3 % | 34.9 % | 35.3 % | 40.1 % | 37.2 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.9 | 1.4 | 1.7 | 1.3 | 1.4 |
| Current ratio | 3.8 | 3.1 | 3.4 | 2.9 | 3.0 |
| Cash and cash equivalents | 513.90 | 599.15 | 639.80 | 429.91 | 355.78 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | BBB | BBB | BBB |
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