Kirchhoff Engineering ApS — Credit Rating and Financial Key Figures

CVR number: 42048232
Røddinggade 6, 1735 København V

Company information

Official name
Kirchhoff Engineering ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry

About Kirchhoff Engineering ApS

Kirchhoff Engineering ApS (CVR number: 42048232) is a company from KØBENHAVN. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a growth of 174.9 % compared to the previous year. The operating profit percentage was at 61.7 % (EBIT: 0.3 mDKK), while net earnings were 354.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.3 %, which can be considered excellent and Return on Equity (ROE) was 34.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kirchhoff Engineering ApS's liquidity measured by quick ratio was 3.3 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales905.12165.19454.16
Gross profit1 102.83655.30689.26
EBIT907.43165.19280.13
Net earnings706.00128.87354.25
Shareholders equity total710.22839.071 193.35
Balance sheet total (assets)987.84863.351 350.80
Net debt- 926.81- 709.04- 985.62
Profitability
EBIT-%100.3 %100.0 %61.7 %
ROA93.1 %18.7 %41.3 %
ROE99.4 %16.6 %34.9 %
ROI117.8 %21.4 %45.0 %
Economic value added (EVA)707.80137.96245.65
Solvency
Equity ratio63.5 %97.2 %88.3 %
Gearing
Relative net indebtedness %-79.4 %-414.5 %-182.4 %
Liquidity
Quick ratio64.010.53.3
Current ratio64.010.53.3
Cash and cash equivalents926.81709.04985.62
Capital use efficiency
Trade debtors turnover (days)24.6341.0136.7
Net working capital %11.1 %-228.6 %-105.3 %
Credit risk
Credit ratingBBBBBBA

Variable visualization

ROA:41.3%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:88.3%
Rating: 68/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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