KLINGE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29152896
Kronprinsessegade 51, 1306 København K

Company information

Official name
KLINGE HOLDING ApS
Established
2005
Company form
Private limited company
Industry

About KLINGE HOLDING ApS

KLINGE HOLDING ApS (CVR number: 29152896) is a company from KØBENHAVN. The company recorded a gross profit of -23.4 kDKK in 2023. The operating profit was -23.4 kDKK, while net earnings were 1243.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.5 %, which can be considered excellent and Return on Equity (ROE) was 22.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KLINGE HOLDING ApS's liquidity measured by quick ratio was 6.9 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-13.34-13.31-13.96-23.25-23.39
EBIT-13.34-13.31-13.96-23.25-23.39
Net earnings135.22611.141 126.83- 146.111 243.07
Shareholders equity total3 397.064 008.205 135.034 988.926 231.99
Balance sheet total (assets)6 454.015 248.276 018.065 073.066 316.27
Net debt2 590.02948.19464.35-46.54- 342.37
Profitability
EBIT-%
ROA2.9 %13.1 %24.6 %4.4 %21.5 %
ROE4.1 %16.5 %24.6 %-2.9 %22.2 %
ROI2.9 %13.3 %25.5 %4.5 %21.6 %
Economic value added (EVA)- 146.20- 158.49- 204.99- 266.27- 268.92
Solvency
Equity ratio52.6 %76.4 %85.3 %98.3 %98.7 %
Gearing89.6 %27.5 %12.2 %1.3 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.00.81.66.9
Current ratio1.11.00.81.66.9
Cash and cash equivalents454.43155.73164.57109.93405.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBBA

Variable visualization

ROA:21.5%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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