KIPP URE & SMYKKER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 301.21 | 2 317.61 | 2 610.62 | 2 162.08 | 1 967.22 |
EBIT | 75.54 | 379.33 | -15.55 | - 174.62 | - 184.06 |
Net earnings | 80.03 | 294.17 | 40.04 | - 143.26 | - 147.49 |
Shareholders equity total | 1 479.37 | 1 573.53 | 1 613.56 | 1 470.31 | 1 322.81 |
Balance sheet total (assets) | 2 535.37 | 2 888.43 | 2 641.34 | 2 239.20 | 2 063.50 |
Net debt | - 920.76 | -1 542.37 | -1 147.87 | - 862.31 | - 751.13 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.3 % | 14.6 % | 2.1 % | -7.2 % | -8.6 % |
ROE | 5.2 % | 19.3 % | 2.5 % | -9.3 % | -10.6 % |
ROI | 6.2 % | 22.4 % | 3.4 % | -10.6 % | -12.2 % |
Economic value added (EVA) | 53.51 | 281.39 | -12.64 | - 156.36 | - 169.34 |
Solvency | |||||
Equity ratio | 58.3 % | 54.5 % | 61.1 % | 65.7 % | 64.1 % |
Gearing | 19.1 % | 1.2 % | 5.8 % | 7.1 % | 8.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.4 | 1.2 | 1.3 | 1.3 |
Current ratio | 2.1 | 2.1 | 2.3 | 2.6 | 2.6 |
Cash and cash equivalents | 1 204.05 | 1 561.86 | 1 240.87 | 967.34 | 860.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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