KOP & KANDE MIDDELFART ApS — Credit Rating and Financial Key Figures

CVR number: 35208216
Algade 75, 5500 Middelfart

Credit rating

Company information

Official name
KOP & KANDE MIDDELFART ApS
Personnel
10 persons
Established
2013
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About KOP & KANDE MIDDELFART ApS

KOP & KANDE MIDDELFART ApS (CVR number: 35208216) is a company from MIDDELFART. The company recorded a gross profit of 2068.5 kDKK in 2023. The operating profit was -13.4 kDKK, while net earnings were -71.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KOP & KANDE MIDDELFART ApS's liquidity measured by quick ratio was 0.3 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
20192020202120222023
Volume
Net sales
Gross profit2 352.952 359.892 683.052 653.272 068.49
EBIT515.33669.10848.56517.81-13.37
Net earnings409.39504.57665.49422.70-71.44
Shareholders equity total2 681.953 186.513 332.013 454.713 383.27
Balance sheet total (assets)5 099.815 883.486 845.617 060.626 058.60
Net debt- 385.20-1 001.15- 327.13476.84- 151.18
Profitability
EBIT-%
ROA11.4 %12.2 %13.7 %8.5 %-0.2 %
ROE16.5 %17.2 %20.4 %12.5 %-2.1 %
ROI21.6 %22.1 %25.5 %15.5 %-0.3 %
Economic value added (EVA)295.46405.49551.57252.51- 182.50
Solvency
Equity ratio52.6 %54.2 %48.7 %48.9 %55.8 %
Gearing14.6 %0.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.60.50.20.3
Current ratio2.02.11.91.82.1
Cash and cash equivalents385.201 001.15327.1328.80154.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-0.17%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.8%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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