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 -33.4 kDKK in 2024. The operating profit was -33.4 kDKK, while net earnings were 291.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27 %, which can be considered excellent but Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.2 %, 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 20.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -11.98 | -14.63 | -23.94 | -22.32 | -33.38 |
EBIT | -11.98 | -14.63 | -23.94 | -22.32 | -33.38 |
Net earnings | 387.07 | 123.46 | 112.56 | 338.31 | 291.18 |
Shareholders equity total | 2 699.18 | 2 822.64 | 2 935.20 | 3 273.51 | 3 564.69 |
Balance sheet total (assets) | 3 849.22 | 2 842.38 | 2 945.43 | 3 329.91 | 3 705.88 |
Net debt | 1 131.64 | - 269.97 | - 140.25 | -2 365.58 | -2 906.58 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.4 % | 7.5 % | 17.0 % | 18.1 % | 27.0 % |
ROE | 15.4 % | 4.5 % | 3.9 % | 10.9 % | 8.5 % |
ROI | 13.5 % | 7.5 % | 17.0 % | 18.3 % | 27.8 % |
Economic value added (EVA) | - 203.28 | - 204.36 | - 159.78 | - 164.88 | - 190.37 |
Solvency | |||||
Equity ratio | 70.1 % | 99.3 % | 99.7 % | 98.3 % | 96.2 % |
Gearing | 41.9 % | 0.0 % | 0.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 17.8 | 18.3 | 41.9 | 20.6 |
Current ratio | 0.1 | 17.8 | 18.3 | 41.9 | 20.6 |
Cash and cash equivalents | 270.30 | 140.58 | 2 365.58 | 2 906.58 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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