Kubicki Development ApS — Credit Rating and Financial Key Figures

CVR number: 37542679
Skarvadvej 241, 9382 Tylstrup

Credit rating

Company information

Official name
Kubicki Development ApS
Personnel
2 persons
Established
2016
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About Kubicki Development ApS

Kubicki Development ApS (CVR number: 37542679) is a company from Brønderslev. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a growth of 116.1 % compared to the previous year. The operating profit percentage was at 5.6 % (EBIT: 0.1 mDKK), while net earnings were 68.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25 %, which can be considered excellent and Return on Equity (ROE) was 91.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Kubicki Development ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales513.03560.401 210.94
Gross profit180.8679.25141.38108.12366.45
EBIT- 186.00-22.1155.38-56.4968.02
Net earnings- 151.38-24.2352.55-59.4868.06
Shareholders equity total71.1746.9499.4940.01108.07
Balance sheet total (assets)323.69286.44248.22189.43354.92
Net debt199.35203.47103.64120.00-27.61
Profitability
EBIT-%10.8 %-10.1 %5.6 %
ROA-49.2 %-7.2 %20.7 %-25.8 %25.0 %
ROE-103.1 %-41.0 %71.8 %-85.3 %91.9 %
ROI-55.3 %-8.0 %23.5 %-31.0 %38.8 %
Economic value added (EVA)- 153.63-20.3053.82-61.4366.01
Solvency
Equity ratio22.0 %16.4 %40.1 %21.1 %30.4 %
Gearing303.9 %467.3 %105.4 %299.9 %77.0 %
Relative net indebtedness %28.8 %26.7 %11.2 %
Liquidity
Quick ratio0.30.40.60.71.3
Current ratio0.30.40.60.71.3
Cash and cash equivalents16.9215.901.24110.77
Capital use efficiency
Trade debtors turnover (days)26.742.950.3
Net working capital %-10.5 %-7.0 %6.0 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:25.0%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.4%
Rating: 27/100
-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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