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

About KIPP URE & SMYKKER ApS

KIPP URE & SMYKKER ApS (CVR number: 32260438) is a company from VEJEN. The company recorded a gross profit of 1903.6 kDKK in 2024. The operating profit was -95.6 kDKK, while net earnings were -80.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.8 %, which can be considered poor and Return on Equity (ROE) was -6.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.8 %, 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. KIPP URE & SMYKKER ApS's liquidity measured by quick ratio was 1.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 317.612 610.622 162.081 967.221 903.59
EBIT379.33-15.55- 174.62- 184.06-95.56
Net earnings294.1740.04- 143.26- 147.49-80.22
Shareholders equity total1 573.531 613.561 470.311 322.811 242.59
Balance sheet total (assets)2 888.432 641.342 239.202 063.501 917.56
Net debt-1 542.37-1 147.87- 862.31- 751.13- 744.71
Profitability
EBIT-%
ROA14.6 %2.1 %-7.2 %-8.6 %-4.8 %
ROE19.3 %2.5 %-9.3 %-10.6 %-6.3 %
ROI22.4 %3.4 %-10.6 %-12.2 %-6.9 %
Economic value added (EVA)206.65-92.10- 223.50- 223.22- 147.77
Solvency
Equity ratio54.5 %61.1 %65.7 %64.1 %64.8 %
Gearing1.2 %5.8 %7.1 %8.3 %7.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.21.31.31.4
Current ratio2.12.32.62.62.7
Cash and cash equivalents1 561.861 240.87967.34860.45841.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-4.80%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.8%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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