Kubicki Development ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kubicki Development ApS
Kubicki Development ApS (CVR number: 37542679) is a company from Brønderslev. The company reported a net sales of 0.8 mDKK in 2024, demonstrating a decline of -34.1 % compared to the previous year. The operating profit percentage was poor at -2.2 % (EBIT: -0 mDKK), while net earnings were -18 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -19.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 37.3 %, 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 1.1 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 513.03 | 560.40 | 1 210.94 | 798.50 | |
Gross profit | 79.25 | 141.38 | 108.12 | 366.45 | 287.04 |
EBIT | -22.11 | 55.38 | -56.49 | 68.02 | -17.50 |
Net earnings | -24.23 | 52.55 | -59.48 | 68.06 | -18.05 |
Shareholders equity total | 46.94 | 99.49 | 40.01 | 108.07 | 74.93 |
Balance sheet total (assets) | 286.44 | 248.22 | 189.43 | 354.92 | 200.63 |
Net debt | 203.47 | 103.64 | 120.00 | -27.61 | 55.34 |
Profitability | |||||
EBIT-% | 10.8 % | -10.1 % | 5.6 % | -2.2 % | |
ROA | -7.2 % | 20.7 % | -25.8 % | 25.0 % | -6.2 % |
ROE | -41.0 % | 71.8 % | -85.3 % | 91.9 % | -19.7 % |
ROI | -8.0 % | 23.5 % | -31.0 % | 38.8 % | -10.3 % |
Economic value added (EVA) | -32.02 | 42.00 | -66.76 | 59.98 | -27.11 |
Solvency | |||||
Equity ratio | 16.4 % | 40.1 % | 21.1 % | 30.4 % | 37.3 % |
Gearing | 467.3 % | 105.4 % | 299.9 % | 77.0 % | 91.5 % |
Relative net indebtedness % | 28.8 % | 26.7 % | 11.2 % | 14.1 % | |
Liquidity | |||||
Quick ratio | 0.4 | 0.6 | 0.7 | 1.3 | 1.1 |
Current ratio | 0.4 | 0.6 | 0.7 | 1.3 | 1.1 |
Cash and cash equivalents | 15.90 | 1.24 | 110.77 | 13.21 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 26.7 | 42.9 | 50.3 | 39.2 | |
Net working capital % | -10.5 % | -7.0 % | 6.0 % | 1.8 % | |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BBB |
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