Credit rating
Company information
About KØGE Grovvare A/S
KØGE Grovvare A/S (CVR number: 12071248) is a company from KØGE. The company recorded a gross profit of -304.8 kDKK in 2022. The operating profit was -335.1 kDKK, while net earnings were -403.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.6 %, which can be considered poor and Return on Equity (ROE) was -9.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 86.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KØGE Grovvare A/S's liquidity measured by quick ratio was 6.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 182.90 | -62.63 | 179.95 | 318.87 | - 304.84 |
EBIT | 97.75 | - 159.33 | 78.42 | 281.32 | - 335.12 |
Net earnings | 62.38 | - 107.89 | 77.10 | 174.24 | - 403.78 |
Shareholders equity total | 4 378.71 | 4 270.83 | 4 347.93 | 4 522.16 | 4 118.39 |
Balance sheet total (assets) | 5 209.88 | 5 118.70 | 4 393.85 | 4 820.00 | 4 766.87 |
Net debt | -1 465.35 | - 848.18 | -1 511.06 | - 285.52 | -90.93 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.5 % | -2.4 % | 2.4 % | 6.5 % | -6.6 % |
ROE | 1.3 % | -2.5 % | 1.8 % | 3.9 % | -9.3 % |
ROI | 2.9 % | -2.9 % | 2.7 % | 6.7 % | -7.2 % |
Economic value added (EVA) | -39.71 | - 270.86 | - 110.85 | 72.22 | - 493.29 |
Solvency | |||||
Equity ratio | 84.0 % | 83.4 % | 99.0 % | 93.8 % | 86.4 % |
Gearing | 1.4 % | 3.2 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.8 | 3.5 | 77.6 | 13.9 | 6.2 |
Current ratio | 4.5 | 4.7 | 78.3 | 14.5 | 6.5 |
Cash and cash equivalents | 1 465.35 | 848.18 | 1 511.06 | 348.81 | 224.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BB | B |
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