REDERIAKTIESELSKABET KULING — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 118.00 | 443.00 | 127.00 | -2 313.00 | -12.00 |
EBIT | 118.00 | 441.00 | -1 330.00 | - 752.00 | 909.00 |
Net earnings | 162.00 | 2 709.00 | -1 145.00 | - 419.00 | 1 103.00 |
Shareholders equity total | 6 389.00 | 9 098.00 | 7 953.00 | 7 534.00 | 8 637.00 |
Balance sheet total (assets) | 6 811.00 | 9 226.00 | 9 747.00 | 11 614.00 | 12 682.00 |
Net debt | 395.00 | 95.00 | 513.00 | 2 542.00 | 2 541.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.4 % | 42.5 % | -45.5 % | -10.3 % | 18.5 % |
ROE | 2.6 % | 35.0 % | -13.4 % | -5.4 % | 13.6 % |
ROI | 6.4 % | 41.4 % | -26.1 % | -1.6 % | 4.1 % |
Economic value added (EVA) | - 203.34 | -7.94 | -1 537.90 | -1 257.10 | 401.17 |
Solvency | |||||
Equity ratio | 93.8 % | 98.6 % | 73.1 % | 58.0 % | 61.8 % |
Gearing | 6.2 % | 1.0 % | 6.5 % | 33.7 % | 29.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 16.0 | 71.6 | 5.4 | 2.8 | 3.1 |
Current ratio | 16.0 | 71.6 | 5.4 | 2.8 | 3.1 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | A |
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