Kinesso Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 145.11 | 78.51 | 91.88 | 130.53 | 121.00 |
Gross profit | 145.11 | 78.51 | 91.88 | 15.54 | 13.46 |
EBIT | -6.46 | 7.84 | 9.01 | 8.69 | 6.90 |
Net earnings | 1.39 | 5.96 | 6.89 | 6.71 | 5.50 |
Shareholders equity total | 79.82 | 19.63 | 26.52 | 33.23 | 38.73 |
Balance sheet total (assets) | 102.24 | 127.51 | 62.32 | 72.14 | 85.40 |
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 % |
ROE | 1.8 % | 12.0 % | 29.9 % | 22.5 % | 15.3 % |
ROI | -7.0 % | 6.8 % | 9.5 % | 17.5 % | 13.6 % |
Economic value added (EVA) | -5.96 | 3.83 | 8.03 | 5.44 | 6.34 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 46.1 % | 45.4 % |
Gearing | 13.5 % | 70.7 % | |||
Relative net indebtedness % | -10.1 % | -11.1 % | |||
Liquidity | |||||
Quick ratio | 1.9 | 1.8 | |||
Current ratio | 1.9 | 1.8 | |||
Cash and cash equivalents | 52.05 | 60.04 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 13.1 | 8.4 | |||
Net working capital % | 25.5 % | 32.0 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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