Kinesso Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 36930039
Sankt Petri Passage 5, 1165 København K

Credit rating

Company information

Official name
Kinesso Denmark ApS
Personnel
7 persons
Established
2015
Company form
Private limited company
Industry
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About Kinesso Denmark ApS

Kinesso Denmark ApS (CVR number: 36930039) is a company from KØBENHAVN. The company reported a net sales of 121 mDKK in 2023, demonstrating a decline of -7.3 % compared to the previous year. The operating profit percentage was at 5.7 % (EBIT: 6.9 mDKK), while net earnings were 5498.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 15.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.4 %, 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. Kinesso Denmark ApS's liquidity measured by quick ratio was 1.8 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 (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales145.1178.5191.88130.53121.00
Gross profit145.1178.5191.8815.5413.46
EBIT-6.467.849.018.696.90
Net earnings1.395.966.896.715.50
Shareholders equity total79.8219.6326.5233.2338.73
Balance sheet total (assets)102.24127.5162.3272.1485.40
Net debt-47.58-32.65
Profitability
EBIT-%-4.5 %10.0 %9.8 %6.7 %5.7 %
ROA-6.0 %6.8 %9.5 %13.0 %9.0 %
ROE1.8 %12.0 %29.9 %22.5 %15.3 %
ROI-7.0 %6.8 %9.5 %17.5 %13.6 %
Economic value added (EVA)-5.963.838.035.446.34
Solvency
Equity ratio100.0 %100.0 %100.0 %46.1 %45.4 %
Gearing13.5 %70.7 %
Relative net indebtedness %-10.1 %-11.1 %
Liquidity
Quick ratio1.91.8
Current ratio1.91.8
Cash and cash equivalents52.0560.04
Capital use efficiency
Trade debtors turnover (days)13.18.4
Net working capital %25.5 %32.0 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.00%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.4%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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