K S K KARTING ApS — Credit Rating and Financial Key Figures

CVR number: 21062383
Kongensgade 38, 6070 Christiansfeld

Credit rating

Company information

Official name
K S K KARTING ApS
Established
1998
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings460.31387.07123.46112.56338.31
Shareholders equity total2 312.112 699.182 822.642 935.203 273.51
Balance sheet total (assets)3 869.203 849.222 842.382 945.433 329.91
Net debt1 547.191 131.64- 269.97- 140.25- 579.02
Profitability
EBIT-%
ROA16.1 %13.4 %7.5 %17.0 %18.1 %
ROE22.1 %15.4 %4.5 %3.9 %10.9 %
ROI16.1 %13.5 %7.5 %17.0 %18.3 %
Economic value added (EVA)- 102.72- 125.53- 147.50- 146.18- 157.83
Solvency
Equity ratio59.8 %70.1 %99.3 %99.7 %98.3 %
Gearing66.9 %41.9 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.117.818.310.3
Current ratio0.20.117.818.310.3
Cash and cash equivalents270.30140.58579.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:18.1%
Rating: 71/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.3%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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