KB2 A/S — Credit Rating and Financial Key Figures

CVR number: 32652778
Lyngby Hovedgade 37, 2800 Kgs. Lyngby

Credit rating

Company information

Official name
KB2 A/S
Personnel
5 persons
Established
2009
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About KB2 A/S

KB2 A/S (CVR number: 32652778) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 2504 kDKK in 2023. The operating profit was 712.8 kDKK, while net earnings were 443 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good but Return on Equity (ROE) was 17.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.5 %, 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. KB2 A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit2 893.942 601.182 343.712 545.102 503.98
EBIT800.92711.73749.531 090.65712.79
Net earnings510.57474.44484.62722.75443.01
Shareholders equity total1 820.691 945.142 129.752 552.502 495.51
Balance sheet total (assets)7 599.376 770.856 651.807 166.647 449.77
Net debt- 748.47-2 321.57-1 485.98-1 686.80-2 793.30
Profitability
EBIT-%
ROA10.1 %10.0 %11.2 %15.8 %9.8 %
ROE29.3 %25.2 %23.8 %30.9 %17.6 %
ROI25.6 %20.8 %25.4 %33.7 %19.9 %
Economic value added (EVA)743.38594.37660.42839.03566.19
Solvency
Equity ratio24.0 %28.7 %32.0 %35.6 %33.5 %
Gearing100.4 %67.0 %24.8 %49.0 %33.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.10.70.91.1
Current ratio1.31.31.41.51.5
Cash and cash equivalents2 575.863 625.592 015.112 936.383 639.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:9.76%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.5%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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