König Equestrian ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About König Equestrian ApS
König Equestrian ApS (CVR number: 39036592) is a company from FURESØ. The company recorded a gross profit of -301.9 kDKK in 2023. The operating profit was -384.6 kDKK, while net earnings were -441.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.5 %, which can be considered poor and Return on Equity (ROE) was -36.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -48.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. König Equestrian ApS's liquidity measured by quick ratio was 1.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -40.20 | 50.68 | 14.62 | - 326.39 | - 301.90 |
EBIT | - 108.63 | -37.53 | 0.16 | - 340.19 | - 384.64 |
Net earnings | - 128.25 | -19.71 | -26.03 | - 379.13 | - 441.79 |
Shareholders equity total | - 220.68 | - 240.39 | - 266.41 | - 645.55 | -1 087.34 |
Balance sheet total (assets) | 491.28 | 369.81 | 372.54 | 1 255.81 | 1 142.13 |
Net debt | 655.44 | 488.02 | 617.68 | 1 806.09 | 1 963.32 |
Profitability | |||||
EBIT-% | |||||
ROA | -22.8 % | -5.7 % | 0.0 % | -26.8 % | -18.5 % |
ROE | -40.0 % | -4.6 % | -7.0 % | -46.6 % | -36.8 % |
ROI | -23.2 % | -5.8 % | 0.0 % | -28.1 % | -19.9 % |
Economic value added (EVA) | - 103.92 | -13.18 | 17.68 | - 326.80 | - 324.80 |
Solvency | |||||
Equity ratio | -31.0 % | -39.4 % | -41.7 % | -34.0 % | -48.8 % |
Gearing | -318.5 % | -248.0 % | -231.9 % | -279.8 % | -187.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.6 | 0.6 | 0.3 | 1.6 |
Current ratio | 0.6 | 0.6 | 0.6 | 0.4 | 1.8 |
Cash and cash equivalents | 47.40 | 108.17 | 71.31 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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