K S K KARTING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About K S K KARTING ApS
K S K KARTING ApS (CVR number: 21062383) is a company from KOLDING. The company recorded a gross profit of -22.3 kDKK in 2023. The operating profit was -22.3 kDKK, while net earnings were 338.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 18.1 %, which can be considered excellent but Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K S K KARTING ApS's liquidity measured by quick ratio was 10.3 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -12.39 | -11.98 | -14.63 | -23.94 | -22.32 |
EBIT | -12.39 | -11.98 | -14.63 | -23.94 | -22.32 |
Net earnings | 460.31 | 387.07 | 123.46 | 112.56 | 338.31 |
Shareholders equity total | 2 312.11 | 2 699.18 | 2 822.64 | 2 935.20 | 3 273.51 |
Balance sheet total (assets) | 3 869.20 | 3 849.22 | 2 842.38 | 2 945.43 | 3 329.91 |
Net debt | 1 547.19 | 1 131.64 | - 269.97 | - 140.25 | - 579.02 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.1 % | 13.4 % | 7.5 % | 17.0 % | 18.1 % |
ROE | 22.1 % | 15.4 % | 4.5 % | 3.9 % | 10.9 % |
ROI | 16.1 % | 13.5 % | 7.5 % | 17.0 % | 18.3 % |
Economic value added (EVA) | - 102.72 | - 125.53 | - 147.50 | - 146.18 | - 157.83 |
Solvency | |||||
Equity ratio | 59.8 % | 70.1 % | 99.3 % | 99.7 % | 98.3 % |
Gearing | 66.9 % | 41.9 % | 0.0 % | 0.0 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.1 | 17.8 | 18.3 | 10.3 |
Current ratio | 0.2 | 0.1 | 17.8 | 18.3 | 10.3 |
Cash and cash equivalents | 270.30 | 140.58 | 579.35 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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