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ktb 1970 Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ktb 1970 Holding ApS
ktb 1970 Holding ApS (CVR number: 31263514) is a company from RANDERS. The company recorded a gross profit of 112.4 kDKK in 2024. The operating profit was -594.3 kDKK, while net earnings were -1559 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent but Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.7 %, 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. ktb 1970 Holding ApS's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 216.58 | - 180.61 | - 182.34 | - 198.83 | 112.35 |
| EBIT | - 771.53 | - 751.67 | - 682.74 | - 675.75 | - 594.27 |
| Net earnings | 18 241.02 | -15 374.81 | 7 393.62 | 15 341.03 | -1 559.04 |
| Shareholders equity total | 52 676.84 | 37 076.03 | 44 240.85 | 59 346.28 | 57 543.24 |
| Balance sheet total (assets) | 165 693.35 | 145 526.74 | 156 612.04 | 176 333.15 | 170 662.25 |
| Net debt | -49 761.99 | -28 414.55 | -30 713.44 | -48 483.57 | -48 698.89 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 18.3 % | 2.2 % | 9.0 % | 15.4 % | 5.0 % |
| ROE | 41.8 % | -34.3 % | 18.2 % | 29.6 % | -2.7 % |
| ROI | 18.6 % | 2.3 % | 9.1 % | 15.5 % | 5.0 % |
| Economic value added (EVA) | -7 639.55 | -8 676.87 | -7 713.75 | -8 393.30 | -9 255.96 |
| Solvency | |||||
| Equity ratio | 31.8 % | 25.5 % | 28.2 % | 33.7 % | 33.7 % |
| Gearing | 205.7 % | 284.1 % | 253.9 % | 193.0 % | 191.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.5 | 1.3 | 1.4 | 1.5 | 1.5 |
| Current ratio | 1.5 | 1.3 | 1.4 | 1.5 | 1.5 |
| Cash and cash equivalents | 158 092.72 | 133 731.09 | 143 047.40 | 163 003.64 | 158 933.32 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | A | BBB |
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