Kang Mini Tours ApS — Credit Rating and Financial Key Figures

CVR number: 40450297
Marius Olsenip Aqqusernga 73, 3910 Kangerlussuaq

Credit rating

Company information

Official name
Kang Mini Tours ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon49Land transport and transport via pipelines

About Kang Mini Tours ApS

Kang Mini Tours ApS (CVR number: 40450297) is a company from QEQQATA. The company recorded a gross profit of 1079.3 kDKK in 2023. The operating profit was 924.8 kDKK, while net earnings were 694.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 78.9 %, which can be considered excellent and Return on Equity (ROE) was 82.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.3 %, 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. Kang Mini Tours ApS's liquidity measured by quick ratio was 2.8 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 profit190.04-3.25276.63416.411 079.32
EBIT141.08-48.61208.07324.88924.81
Net earnings93.03-37.59153.61238.18694.46
Shareholders equity total143.03105.44259.05497.231 191.69
Balance sheet total (assets)235.79172.84518.46695.431 648.23
Net debt-12.3639.78-95.69-43.70149.16
Profitability
EBIT-%
ROA59.8 %-23.8 %60.2 %53.5 %78.9 %
ROE65.0 %-30.3 %84.3 %63.0 %82.2 %
ROI91.4 %-32.4 %89.3 %74.2 %96.6 %
Economic value added (EVA)96.55-44.14149.53232.69673.81
Solvency
Equity ratio60.7 %61.0 %50.0 %71.5 %72.3 %
Gearing0.2 %38.1 %16.1 %8.6 %13.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.31.12.82.8
Current ratio0.40.31.12.82.8
Cash and cash equivalents12.650.38137.4586.309.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:78.9%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.3%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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