Kongens Kvarter 9, Taulov ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kongens Kvarter 9, Taulov ApS
Kongens Kvarter 9, Taulov ApS (CVR number: 40443053) is a company from FREDERICIA. The company reported a net sales of 2.9 mDKK in 2023, demonstrating a growth of 2.4 % compared to the previous year. The operating profit percentage was at 58.4 % (EBIT: 1.7 mDKK), while net earnings were 487 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 35.9 %, 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. Kongens Kvarter 9, Taulov ApS's liquidity measured by quick ratio was 12.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 114.92 | 2 850.00 | 2 850.00 | 2 918.00 | |
Gross profit | -11.67 | 114.92 | 2 885.00 | 2 764.00 | 2 741.00 |
EBIT | -11.67 | 74.50 | 1 882.00 | 1 761.00 | 1 705.00 |
Net earnings | -9.22 | 41.28 | 1 489.00 | 1 099.00 | 487.00 |
Shareholders equity total | 40.78 | 10 082.06 | 11 571.00 | 12 670.00 | 13 157.00 |
Balance sheet total (assets) | 45.78 | 33 469.14 | 35 224.00 | 36 262.00 | 36 683.00 |
Net debt | -43.20 | 22 750.04 | 23 016.00 | 23 041.00 | 23 054.00 |
Profitability | |||||
EBIT-% | 64.8 % | 66.0 % | 61.8 % | 58.4 % | |
ROA | -25.5 % | 0.4 % | 5.5 % | 5.1 % | 5.1 % |
ROE | -22.6 % | 0.8 % | 13.8 % | 9.1 % | 3.8 % |
ROI | -28.6 % | 0.5 % | 5.6 % | 5.2 % | 5.2 % |
Economic value added (EVA) | -9.12 | 45.76 | 130.55 | - 300.15 | - 620.03 |
Solvency | |||||
Equity ratio | 89.1 % | 30.1 % | 32.8 % | 34.9 % | 35.9 % |
Gearing | 225.6 % | 198.9 % | 181.9 % | 175.2 % | |
Relative net indebtedness % | 20350.9 % | 829.9 % | 827.8 % | 806.2 % | |
Liquidity | |||||
Quick ratio | 9.2 | 0.9 | 5.1 | 8.4 | 12.2 |
Current ratio | 9.2 | 0.9 | 5.1 | 8.4 | 12.2 |
Cash and cash equivalents | 43.20 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -61.7 % | 93.7 % | 153.8 % | 202.4 % | |
Credit risk | |||||
Credit rating | BB | BBB | A | AA | A |
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