K-FOOTWEAR DESIGN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About K-FOOTWEAR DESIGN ApS
K-FOOTWEAR DESIGN ApS (CVR number: 32828426) is a company from TÅRNBY. The company recorded a gross profit of -101.3 kDKK in 2023. The operating profit was -101.3 kDKK, while net earnings were -101.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -183.3 %, which can be considered poor and Return on Equity (ROE) was -229.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.1 %, 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. K-FOOTWEAR DESIGN ApS's liquidity measured by quick ratio was 2.7 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 | |||||
Gross profit | -83.00 | -37.00 | -39.00 | - 105.00 | - 101.31 |
EBIT | -83.00 | -37.00 | -39.00 | - 105.00 | - 101.31 |
Net earnings | -83.00 | -33.00 | -38.00 | - 105.00 | - 101.10 |
Shareholders equity total | 105.00 | 72.00 | 34.00 | 69.00 | 19.12 |
Balance sheet total (assets) | 114.00 | 83.00 | 45.00 | 80.00 | 30.32 |
Net debt | -15.00 | -25.00 | -27.00 | -42.00 | -26.18 |
Profitability | |||||
EBIT-% | |||||
ROA | -69.2 % | -33.5 % | -59.4 % | -168.0 % | -183.3 % |
ROE | -86.5 % | -37.3 % | -71.7 % | -203.9 % | -229.5 % |
ROI | -74.8 % | -37.3 % | -71.7 % | -203.9 % | -229.5 % |
Economic value added (EVA) | -87.07 | -41.52 | -41.36 | - 105.35 | - 102.67 |
Solvency | |||||
Equity ratio | 92.1 % | 86.7 % | 75.6 % | 86.3 % | 63.1 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.3 | 2.8 | 2.7 | 7.3 | 2.7 |
Current ratio | 2.3 | 2.8 | 2.7 | 7.3 | 2.7 |
Cash and cash equivalents | 15.00 | 25.00 | 27.00 | 42.00 | 26.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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