KØGE Grovvare A/S — Credit Rating and Financial Key Figures

CVR number: 12071248
Gudrunsvej 6, 4600 Køge
tel: 56661241

Credit rating

Company information

Official name
KØGE Grovvare A/S
Personnel
1 person
Established
1988
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About KØGE Grovvare A/S

KØGE Grovvare A/S (CVR number: 12071248) is a company from KØGE. The company recorded a gross profit of -613.9 kDKK in 2023. The operating profit was -629.3 kDKK, while net earnings were -697.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.5 %, which can be considered poor and Return on Equity (ROE) was -18.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.1 %, 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 9.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-62.63179.95318.87- 304.84- 613.86
EBIT- 159.3378.42281.32- 335.12- 629.29
Net earnings- 107.8977.10174.24- 403.78- 697.61
Shareholders equity total4 270.834 347.934 522.164 118.393 420.77
Balance sheet total (assets)5 118.704 393.854 820.004 766.873 797.91
Net debt- 848.18-1 511.06- 285.52-90.93101.03
Profitability
EBIT-%
ROA-2.4 %2.4 %6.5 %-6.6 %-14.5 %
ROE-2.5 %1.8 %3.9 %-9.3 %-18.5 %
ROI-2.9 %2.7 %6.7 %-7.2 %-15.8 %
Economic value added (EVA)- 270.86- 110.8572.22- 493.29- 898.94
Solvency
Equity ratio83.4 %99.0 %93.8 %86.4 %90.1 %
Gearing1.4 %3.2 %5.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.577.613.96.29.1
Current ratio4.778.314.56.59.4
Cash and cash equivalents848.181 511.06348.81224.7169.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-14.5%
Rating: 6/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.1%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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