KIPP URE & SMYKKER ApS — Credit Rating and Financial Key Figures

CVR number: 32260438
Nørregade 46, 6600 Vejen

Credit rating

Company information

Official name
KIPP URE & SMYKKER ApS
Personnel
4 persons
Established
2009
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About KIPP URE & SMYKKER ApS

KIPP URE & SMYKKER ApS (CVR number: 32260438) is a company from VEJEN. The company recorded a gross profit of 1967.2 kDKK in 2023. The operating profit was -184.1 kDKK, while net earnings were -147.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.6 %, which can be considered poor and Return on Equity (ROE) was -10.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.1 %, 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. KIPP URE & SMYKKER ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit2 301.212 317.612 610.622 162.081 967.22
EBIT75.54379.33-15.55- 174.62- 184.06
Net earnings80.03294.1740.04- 143.26- 147.49
Shareholders equity total1 479.371 573.531 613.561 470.311 322.81
Balance sheet total (assets)2 535.372 888.432 641.342 239.202 063.50
Net debt- 920.76-1 542.37-1 147.87- 862.31- 751.13
Profitability
EBIT-%
ROA4.3 %14.6 %2.1 %-7.2 %-8.6 %
ROE5.2 %19.3 %2.5 %-9.3 %-10.6 %
ROI6.2 %22.4 %3.4 %-10.6 %-12.2 %
Economic value added (EVA)53.51281.39-12.64- 156.36- 169.34
Solvency
Equity ratio58.3 %54.5 %61.1 %65.7 %64.1 %
Gearing19.1 %1.2 %5.8 %7.1 %8.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.41.21.31.3
Current ratio2.12.12.32.62.6
Cash and cash equivalents1 204.051 561.861 240.87967.34860.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:-8.56%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.1%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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