KELLES EJENDOMSSELSKAB ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KELLES EJENDOMSSELSKAB ApS
KELLES EJENDOMSSELSKAB ApS (CVR number: 28700962) is a company from AALBORG. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a decline of -10.7 % compared to the previous year. The operating profit percentage was at 56.7 % (EBIT: 0.4 mDKK), while net earnings were 626.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good and Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.2 %, 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. KELLES EJENDOMSSELSKAB ApS's liquidity measured by quick ratio was 1.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 606.83 | 708.56 | 741.79 | 662.56 | |
Gross profit | 348.07 | 194.85 | 188.60 | 346.07 | 388.41 |
EBIT | 338.69 | 182.27 | 176.02 | 333.48 | 375.83 |
Net earnings | 701.31 | 576.07 | - 361.33 | 460.36 | 626.15 |
Shareholders equity total | 4 705.17 | 5 281.24 | 4 919.91 | 5 380.27 | 6 006.43 |
Balance sheet total (assets) | 8 181.75 | 8 191.11 | 8 040.12 | 7 920.44 | 7 995.23 |
Net debt | 2 272.20 | 2 209.71 | 2 805.47 | 1 893.08 | 1 602.95 |
Profitability | |||||
EBIT-% | 30.0 % | 24.8 % | 45.0 % | 56.7 % | |
ROA | 10.3 % | 7.0 % | -5.2 % | 7.0 % | 9.2 % |
ROE | 16.1 % | 11.5 % | -7.1 % | 8.9 % | 11.0 % |
ROI | 10.7 % | 7.4 % | -5.3 % | 7.1 % | 9.6 % |
Economic value added (EVA) | -68.68 | - 194.59 | - 240.78 | - 102.72 | -40.72 |
Solvency | |||||
Equity ratio | 57.5 % | 64.5 % | 61.2 % | 68.5 % | 75.2 % |
Gearing | 67.1 % | 43.2 % | 57.7 % | 38.1 % | 28.3 % |
Relative net indebtedness % | 467.3 % | 435.3 % | 321.7 % | 285.9 % | |
Liquidity | |||||
Quick ratio | 2.9 | 0.5 | 0.6 | 0.8 | 1.6 |
Current ratio | 2.9 | 0.5 | 0.6 | 0.7 | 1.5 |
Cash and cash equivalents | 883.02 | 73.90 | 35.48 | 154.16 | 94.44 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -67.4 % | -38.4 % | -17.5 % | 11.9 % | |
Credit risk | |||||
Credit rating | A | A | BBB | AA | AA |
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