KE FIBERTEC A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KE FIBERTEC A/S
KE FIBERTEC A/S (CVR number: 19138038K) is a company from VEJEN. The company reported a net sales of 131.8 mDKK in 2023, demonstrating a decline of -2.7 % compared to the previous year. The operating profit percentage was at 10.5 % (EBIT: 13.9 mDKK), while net earnings were 9770 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.6 %, which can be considered excellent and Return on Equity (ROE) was 25.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.8 %, 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. KE FIBERTEC A/S's liquidity measured by quick ratio was 1.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 135 509.00 | 131 829.00 | |||
Gross profit | 56 702.00 | 46 081.00 | 55 747.00 | 63 413.00 | 61 055.00 |
EBIT | 25 320.00 | 17 715.00 | 20 594.00 | 20 582.00 | 13 854.00 |
Net earnings | 18 550.00 | 12 592.00 | 15 805.00 | 15 385.00 | 9 770.00 |
Shareholders equity total | 32 306.00 | 28 342.00 | 32 725.00 | 36 476.00 | 39 946.00 |
Balance sheet total (assets) | 53 289.00 | 50 385.00 | 58 999.00 | 65 844.00 | 68 470.00 |
Net debt | 1 374.00 | 2 716.00 | |||
Profitability | |||||
EBIT-% | 15.2 % | 10.5 % | |||
ROA | 47.5 % | 34.2 % | 37.7 % | 35.3 % | 21.6 % |
ROE | 57.4 % | 41.5 % | 51.8 % | 44.5 % | 25.6 % |
ROI | 47.5 % | 34.2 % | 37.7 % | 39.4 % | 26.9 % |
Economic value added (EVA) | 25 320.00 | 16 091.62 | 19 169.81 | 13 791.56 | 8 650.57 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 55.7 % | 58.8 % |
Gearing | 40.8 % | 34.4 % | |||
Relative net indebtedness % | 11.0 % | 12.5 % | |||
Liquidity | |||||
Quick ratio | 1.7 | 1.6 | |||
Current ratio | 2.6 | 2.5 | |||
Cash and cash equivalents | 13 516.00 | 11 014.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 37.5 | 36.5 | |||
Net working capital % | 20.6 % | 18.4 % | |||
Credit risk | |||||
Credit rating | BBB | AA | AAA |
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