K-Development ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About K-Development ApS
K-Development ApS (CVR number: 39468875) is a company from KØGE. The company recorded a gross profit of 3.9 kDKK in 2024. The operating profit was 3.9 kDKK, while net earnings were 3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent and Return on Equity (ROE) was 5.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K-Development ApS's liquidity measured by quick ratio was 55.5 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 | 26.89 | 6.56 | 5.79 | 1.08 | 3.86 |
EBIT | 26.89 | 6.56 | 5.79 | 1.08 | 3.86 |
Net earnings | 21.00 | 4.90 | 4.30 | 0.85 | 3.02 |
Shareholders equity total | 40.29 | 45.19 | 49.49 | 50.34 | 53.37 |
Balance sheet total (assets) | 47.47 | 47.25 | 52.31 | 50.85 | 54.35 |
Net debt | -42.47 | -40.61 | -47.02 | -50.77 | -53.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 71.9 % | 13.9 % | 11.6 % | 2.1 % | 7.3 % |
ROE | 70.5 % | 11.5 % | 9.1 % | 1.7 % | 5.8 % |
ROI | 90.3 % | 15.4 % | 12.2 % | 2.2 % | 7.4 % |
Economic value added (EVA) | 20.03 | 3.11 | 2.25 | -1.41 | 1.33 |
Solvency | |||||
Equity ratio | 84.9 % | 95.6 % | 94.6 % | 99.0 % | 98.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.9 | 20.5 | 16.8 | 101.5 | 55.5 |
Current ratio | 5.9 | 20.5 | 16.8 | 101.5 | 55.5 |
Cash and cash equivalents | 42.47 | 40.61 | 47.02 | 50.77 | 53.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | B | BB |
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