Kimbrer Elnet A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kimbrer Elnet A/S
Kimbrer Elnet A/S (CVR number: 25724062) is a company from VESTHIMMERLANDS. The company reported a net sales of 7.8 mDKK in 2024, demonstrating a growth of 7.3 % compared to the previous year. The operating profit percentage was at 10.6 % (EBIT: 0.8 mDKK), while net earnings were 318.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 72.9 %, 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. Kimbrer Elnet A/S's liquidity measured by quick ratio was 3.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 6 764.10 | 8 332.63 | 7 266.92 | 7 800.98 | |
Gross profit | 2 542.45 | 3 602.57 | 2 499.87 | 2 486.32 | 3 315.22 |
EBIT | 494.31 | 1 548.99 | 161.17 | 94.39 | 827.71 |
Net earnings | 578.54 | 1 488.39 | 163.74 | 105.05 | 318.44 |
Shareholders equity total | 22 328.79 | 23 817.17 | 23 980.92 | 24 085.96 | 24 404.41 |
Balance sheet total (assets) | 29 603.04 | 31 362.56 | 31 201.72 | 33 229.55 | 33 475.68 |
Net debt | -2 741.42 | -6 202.51 | -5 846.32 | -9 333.42 | -12 278.86 |
Profitability | |||||
EBIT-% | 22.9 % | 1.9 % | 1.3 % | 10.6 % | |
ROA | 1.7 % | 5.1 % | 0.5 % | 0.3 % | 2.5 % |
ROE | 2.6 % | 6.5 % | 0.7 % | 0.4 % | 1.3 % |
ROI | 2.0 % | 5.9 % | 0.6 % | 0.4 % | 3.3 % |
Economic value added (EVA) | - 294.24 | 724.63 | - 620.38 | - 656.22 | 0.77 |
Solvency | |||||
Equity ratio | 75.4 % | 75.9 % | 76.9 % | 72.5 % | 72.9 % |
Gearing | 14.3 % | 12.6 % | 12.9 % | 12.8 % | 1.4 % |
Relative net indebtedness % | -24.4 % | -20.5 % | -44.9 % | -45.5 % | |
Liquidity | |||||
Quick ratio | 0.9 | 1.4 | 1.9 | 2.3 | 3.6 |
Current ratio | 0.9 | 1.4 | 2.0 | 2.3 | 3.7 |
Cash and cash equivalents | 5 923.57 | 9 194.15 | 8 931.22 | 12 406.18 | 12 618.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 35.2 | 29.5 | 4.7 | 64.0 | |
Net working capital % | 45.9 % | 70.3 % | 109.4 % | 142.3 % | |
Credit risk | |||||
Credit rating | A | AA | AA | A | AA |
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