Kunst & Rammedesign ApS

CVR number: 40814272
Tjørnevej 2, 4600 Køge

Credit rating

Company information

Official name
Kunst & Rammedesign ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About the company

Kunst & Rammedesign ApS (CVR number: 40814272) is a company from KØGE. The company reported a net sales of 0.6 mDKK in 2022, demonstrating a decline of -35.6 % compared to the previous year. The operating profit percentage was at 23.7 % (EBIT: 0.1 mDKK), while net earnings were 127.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.1 %, which can be considered excellent and Return on Equity (ROE) was 51.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Kunst & Rammedesign ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
202020212022
Volume
Net sales954.01962.01619.49
Gross profit396.46403.33262.75
EBIT35.85-33.52147.12
Net earnings31.34-37.92127.35
Shareholders equity total-91.86- 129.78-2.44
Balance sheet total (assets)310.92249.02243.06
Net debt31.2446.33-11.80
Profitability
EBIT-%3.8 %-3.5 %23.7 %
ROA8.9 %-8.6 %47.1 %
ROE10.1 %-13.5 %51.8 %
ROI20.5 %-21.5 %123.1 %
Economic value added (EVA)35.85-24.48157.17
Solvency
Equity ratio-22.8 %-34.3 %-1.0 %
Gearing-190.5 %-105.4 %-4195.9 %
Relative net indebtedness %27.2 %30.0 %21.2 %
Liquidity
Quick ratio0.50.30.6
Current ratio0.80.60.9
Cash and cash equivalents143.7290.50114.06
Capital use efficiency
Trade debtors turnover (days)15.011.616.5
Net working capital %-8.8 %-16.4 %-3.8 %
Credit risk
Credit ratingBBB

Variable visualization

ROA:47.1%
Rating: 93/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-0.99%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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