Knold og Thinesen Udlejning ApS — Credit Rating and Financial Key Figures

CVR number: 39846829
Egestubben 9 A, Næsby 5270 Odense N

Company information

Official name
Knold og Thinesen Udlejning ApS
Personnel
11 persons
Established
2018
Domicile
Næsby
Company form
Private limited company
Industry

About Knold og Thinesen Udlejning ApS

Knold og Thinesen Udlejning ApS (CVR number: 39846829) is a company from ODENSE. The company recorded a gross profit of 5457.5 kDKK in 2023. The operating profit was 25.1 kDKK, while net earnings were 16.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was 15.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Knold og Thinesen Udlejning ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 476.245 341.185 527.265 494.975 457.52
EBIT15.0826.9036.4233.7925.12
Net earnings0.5615.4915.9817.6016.54
Shareholders equity total50.5666.0582.0399.63116.17
Balance sheet total (assets)2 569.483 960.461 385.771 375.641 391.87
Net debt-1 595.92- 892.14-1 211.86648.21138.74
Profitability
EBIT-%
ROA0.6 %0.8 %1.4 %2.4 %2.0 %
ROE1.1 %26.6 %21.6 %19.4 %15.3 %
ROI2.1 %1.6 %2.3 %4.8 %4.6 %
Economic value added (EVA)15.08121.69165.8883.3714.59
Solvency
Equity ratio2.0 %1.7 %5.9 %7.2 %8.3 %
Gearing907.7 %2890.4 %5.6 %650.6 %287.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.21.91.11.1
Current ratio1.11.21.91.11.1
Cash and cash equivalents2 054.922 801.301 216.43194.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:2.00%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.35%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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