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Keratech Wheels A/S — Credit Rating and Financial Key Figures

CVR number: 38441159
Industrivej 1, 6800 Varde
Free credit report Annual report

Income statement (kDKK)

2020
2021
2022
2023
2024
Fiscal period length1212121212
Net sales
Gross profit2 872.214 213.924 531.888 358.915 967.36
Employee benefit expenses-1 778.12-1 870.08-2 375.63-3 093.44-2 873.74
Total depreciation- 155.52- 144.85- 118.21-99.22- 159.72
EBIT938.572 199.002 038.035 166.252 933.89
Other financial income10.80142.023.102.15
Other financial expenses- 200.69- 214.71- 209.53- 388.85- 458.66
Pre-tax profit748.691 984.281 970.524 780.502 477.38
Income taxes- 171.34- 443.01- 452.87-1 061.84- 559.23
Net earnings577.351 541.281 517.653 718.661 918.16

Assets (kDKK)

2020
2021
2022
2023
2024
Development expenditure166.4374.5422.56
Goodwill85.0070.0055.0040.0025.00
Intangible assets total251.43144.5377.5640.0025.00
Buildings65.3259.6954.8638.8425.25
Machinery and equipment33.3155.0624.84424.21526.07
Tangible assets total98.63114.7579.71463.04551.32
Investments total72.0072.0072.00120.00146.77
Long term receivables total
Finished products/goods5 163.387 470.7011 903.1414 316.1516 444.01
Advance payments76.251 180.13
Inventories total5 239.628 650.8311 903.1414 316.1516 444.01
Current trade debtors715.371 943.96633.89382.05907.47
Prepayments and accrued income76.23117.6095.1584.77168.25
Current other receivables216.59
Short term receivables total1 008.192 061.57729.04466.821 075.72
Cash and bank deposits51.856.005.4030.8061.31
Cash and cash equivalents51.856.005.4030.8061.31
Balance sheet total (assets)6 721.7211 049.6812 866.8515 436.8218 304.14

Equity and liabilities (kDKK)

2020
2021
2022
2023
2024
Share capital500.00500.00500.00500.00500.00
Shares repurchased224.31400.00800.00264.71
Other reserves74.5322.56
Retained earnings13.48291.981 484.992 225.205 679.15
Profit of the financial year577.351 541.281 517.653 718.661 918.16
Shareholders equity total1 090.832 632.103 925.207 243.868 362.02
Provisions39.9636.8321.5435.4361.49
Non-current loans from credit institutions125.23129.30
Non-current owed to group member1 633.331 250.00916.67583.33
Non-current deferred tax liabilities443.14591.991 130.44587.12
Non-current liabilities total1 758.571 822.441 508.651 713.78587.12
Current loans from credit institutions859.461 217.001 223.851 872.874 372.24
Current trade creditors940.552 620.092 978.381 788.322 302.33
Current owed to participating15.49333.33333.33
Short-term deferred tax liabilities93.38104.38440.14457.64950.60
Other non-interest bearing current liabilities1 938.982 601.342 435.761 991.591 668.34
Current liabilities total3 832.376 558.317 411.466 443.759 293.52
Balance sheet total (liabilities)6 721.7211 049.6812 866.8515 436.8218 304.14
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