KEK SYSTEMS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KEK SYSTEMS A/S
KEK SYSTEMS A/S (CVR number: 21324841) is a company from KØBENHAVN. The company recorded a gross profit of 472.6 kDKK in 2023, demonstrating a growth of 543.9 % compared to the previous year. The operating profit was -10.6 kDKK, while net earnings were 242.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.3 %, which can be considered excellent but Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KEK SYSTEMS A/S's liquidity measured by quick ratio was 16.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 441.62 | 907.97 | 146.75 | 73.40 | |
Gross profit | 441.62 | 907.97 | 146.75 | 73.40 | 472.64 |
EBIT | - 435.50 | - 160.64 | - 238.05 | - 248.14 | -10.57 |
Net earnings | - 560.60 | 1 010.25 | - 798.77 | - 259.10 | 242.18 |
Shareholders equity total | 4 927.63 | 5 612.88 | 4 701.11 | 4 327.61 | 4 451.99 |
Balance sheet total (assets) | 5 161.36 | 6 003.51 | 4 902.58 | 5 336.30 | 4 716.59 |
Net debt | -3 767.20 | -5 081.73 | -3 098.72 | -2 931.89 | -2 978.65 |
Profitability | |||||
EBIT-% | -98.6 % | -17.7 % | -162.2 % | -338.1 % | |
ROA | -5.8 % | 23.1 % | 24.2 % | 3.7 % | 20.3 % |
ROE | -10.7 % | 19.2 % | -15.5 % | -5.7 % | 5.5 % |
ROI | -6.2 % | 24.5 % | -19.6 % | -5.7 % | 5.4 % |
Economic value added (EVA) | - 110.73 | 23.72 | 44.12 | -60.80 | 159.66 |
Solvency | |||||
Equity ratio | 95.5 % | 93.5 % | 95.9 % | 81.1 % | 94.4 % |
Gearing | 2.4 % | 22.0 % | 2.8 % | ||
Relative net indebtedness % | -800.1 % | -516.7 % | -2051.6 % | -3920.2 % | |
Liquidity | |||||
Quick ratio | 21.8 | 15.1 | 49.7 | 5.2 | 16.7 |
Current ratio | 21.8 | 15.1 | 49.7 | 5.2 | 16.7 |
Cash and cash equivalents | 3 767.20 | 5 081.73 | 3 212.33 | 3 886.04 | 3 102.86 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 143.8 | 4.2 | 7.5 | ||
Net working capital % | 339.6 % | 59.2 % | 728.3 % | 811.2 % | |
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | A |
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