K.I.C. HOLDING REGISTRERET REVISIONSANPARTSSELSKAB — Credit Rating and Financial Key Figures
Credit rating
Company information
About K.I.C. HOLDING REGISTRERET REVISIONSANPARTSSELSKAB
K.I.C. HOLDING REGISTRERET REVISIONSANPARTSSELSKAB (CVR number: 32553540) is a company from HORSENS. The company reported a net sales of 1 mDKK in 2023, demonstrating a growth of 5.3 % compared to the previous year. The operating profit percentage was at 99.6 % (EBIT: 1 mDKK), while net earnings were 1002.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.8 %, which can be considered good and Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K.I.C. HOLDING REGISTRERET REVISIONSANPARTSSELSKAB's liquidity measured by quick ratio was 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 950.00 | 950.00 | 1 050.00 | 950.00 | 1 000.00 |
Gross profit | 937.25 | 937.77 | 1 029.39 | 937.62 | 995.75 |
EBIT | 937.25 | 937.77 | 1 029.39 | 937.62 | 995.75 |
Net earnings | 940.27 | 943.18 | 1 037.59 | 946.28 | 1 002.63 |
Shareholders equity total | 6 619.95 | 6 663.13 | 6 700.72 | 6 747.00 | 6 749.63 |
Balance sheet total (assets) | 6 752.29 | 6 760.97 | 6 771.21 | 6 775.52 | 6 778.89 |
Net debt | 127.37 | 88.11 | 59.47 | 18.35 | 18.31 |
Profitability | |||||
EBIT-% | 98.7 % | 98.7 % | 98.0 % | 98.7 % | 99.6 % |
ROA | 14.0 % | 14.0 % | 15.3 % | 14.0 % | 14.8 % |
ROE | 14.2 % | 14.2 % | 15.5 % | 14.1 % | 14.9 % |
ROI | 14.0 % | 14.0 % | 15.3 % | 14.0 % | 14.8 % |
Economic value added (EVA) | 934.36 | 933.75 | 1 024.84 | 928.79 | 982.77 |
Solvency | |||||
Equity ratio | 98.0 % | 98.6 % | 99.0 % | 99.6 % | 99.6 % |
Gearing | 1.9 % | 1.4 % | 1.0 % | 0.3 % | 0.3 % |
Relative net indebtedness % | 13.7 % | 10.0 % | 6.3 % | 2.6 % | 2.6 % |
Liquidity | |||||
Quick ratio | 0.5 | 0.7 | 1.1 | 3.0 | 3.0 |
Current ratio | 0.5 | 0.7 | 1.1 | 3.0 | 3.0 |
Cash and cash equivalents | 1.72 | 3.24 | 4.27 | 3.42 | 3.46 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -7.5 % | -2.9 % | 0.9 % | 5.9 % | 5.9 % |
Credit risk | |||||
Credit rating | AA | AA | A | AA | AA |
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