REDERIAKTIESELSKABET KULING — Credit Rating and Financial Key Figures

CVR number: 49801017
Esplanaden 50, 1263 København K
Free credit report Annual report

Company information

Official name
REDERIAKTIESELSKABET KULING
Established
1973
Company form
Limited company
Industry

About REDERIAKTIESELSKABET KULING

REDERIAKTIESELSKABET KULING (CVR number: 49801017) is a company from KØBENHAVN. The company recorded a gross profit of -12 kDKK in 2024. The operating profit was 909 kDKK, while net earnings were 1103 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.5 %, which can be considered excellent but Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 61.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. REDERIAKTIESELSKABET KULING's liquidity measured by quick ratio was 3.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit118.00443.00127.00-2 313.00-12.00
EBIT118.00441.00-1 330.00- 752.00909.00
Net earnings162.002 709.00-1 145.00- 419.001 103.00
Shareholders equity total6 389.009 098.007 953.007 534.008 637.00
Balance sheet total (assets)6 811.009 226.009 747.0011 614.0012 682.00
Net debt395.0095.00513.002 542.002 541.00
Profitability
EBIT-%
ROA6.4 %42.5 %-45.5 %-10.3 %18.5 %
ROE2.6 %35.0 %-13.4 %-5.4 %13.6 %
ROI6.4 %41.4 %-26.1 %-1.6 %4.1 %
Economic value added (EVA)- 203.34-7.94-1 537.90-1 257.10401.17
Solvency
Equity ratio93.8 %98.6 %73.1 %58.0 %61.8 %
Gearing6.2 %1.0 %6.5 %33.7 %29.4 %
Relative net indebtedness %
Liquidity
Quick ratio16.071.65.42.83.1
Current ratio16.071.65.42.83.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBA

Variable visualization

ROA:18.5%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.8%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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