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3 K VÆRKTØJ A/S — Credit Rating and Financial Key Figures

CVR number: 32091121
Meteorvej 6, 8700 Horsens
tel: 75624144
Free credit report Annual report

Credit rating

Company information

Official name
3 K VÆRKTØJ A/S
Personnel
15 persons
Established
2009
Company form
Limited company
Industry

About 3 K VÆRKTØJ A/S

3 K VÆRKTØJ A/S (CVR number: 32091121) is a company from HORSENS. The company recorded a gross profit of 8178.3 kDKK in 2024. The operating profit was 834.2 kDKK, while net earnings were 882.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered decent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 38.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. 3 K VÆRKTØJ A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 443.238 308.538 884.257 762.868 178.32
EBIT1 855.902 146.712 749.30756.93834.22
Net earnings1 737.331 853.132 589.87899.28882.84
Shareholders equity total4 673.365 526.507 116.366 015.645 998.48
Balance sheet total (assets)16 916.6521 068.8517 970.5916 087.1615 732.83
Net debt4 819.396 337.662 704.002 461.632 617.29
Profitability
EBIT-%
ROA15.3 %13.1 %17.5 %7.5 %8.0 %
ROE40.4 %36.3 %41.0 %13.7 %14.7 %
ROI26.5 %21.5 %29.7 %13.7 %14.6 %
Economic value added (EVA)1 117.211 168.001 497.6659.83208.91
Solvency
Equity ratio27.6 %26.2 %39.6 %37.4 %38.1 %
Gearing103.4 %125.7 %38.1 %41.0 %45.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.81.11.00.9
Current ratio1.31.31.71.61.6
Cash and cash equivalents13.04609.849.646.66101.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:7.97%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.1%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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