Kitter Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kitter Holding ApS
Kitter Holding ApS (CVR number: 40645683) is a company from KØBENHAVN. The company recorded a gross profit of -9.8 kDKK in 2024. The operating profit was -17.8 kDKK, while net earnings were 71.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good and Return on Equity (ROE) was 10.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Kitter Holding ApS's liquidity measured by quick ratio was 2.1 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -16.38 | -10.75 | -10.94 | -9.77 | |
EBIT | -16.38 | -10.75 | -10.94 | -17.77 | |
Net earnings | 697.93 | -70.32 | -1 017.51 | 50.69 | 71.83 |
Shareholders equity total | 1 723.34 | 1 653.02 | 635.51 | 686.19 | 636.02 |
Balance sheet total (assets) | 1 826.94 | 1 815.00 | 812.27 | 878.02 | 949.15 |
Net debt | - 651.39 | - 628.26 | - 605.53 | - 588.84 | - 315.23 |
Profitability | |||||
EBIT-% | |||||
ROA | 48.2 % | -3.5 % | -76.8 % | 6.4 % | 8.2 % |
ROE | 50.8 % | -4.2 % | -88.9 % | 7.7 % | 10.9 % |
ROI | 48.4 % | -3.5 % | -77.0 % | 6.4 % | 8.3 % |
Economic value added (EVA) | -53.87 | - 108.39 | - 100.21 | -49.15 | -55.12 |
Solvency | |||||
Equity ratio | 94.3 % | 91.1 % | 78.2 % | 78.2 % | 67.0 % |
Gearing | 5.7 % | 9.5 % | 27.0 % | 27.2 % | 47.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.2 | 4.9 | 4.4 | 4.1 | 2.1 |
Current ratio | 7.2 | 4.9 | 4.4 | 4.1 | 2.1 |
Cash and cash equivalents | 749.99 | 785.23 | 777.30 | 775.67 | 614.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BBB |
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