KL2019 A/S — Credit Rating and Financial Key Figures

CVR number: 40542248
Weidekampsgade 10, 2300 København S

Credit rating

Company information

Official name
KL2019 A/S
Established
2019
Company form
Limited company
Industry

About KL2019 A/S

KL2019 A/S (CVR number: 40542248K) is a company from KØBENHAVN. The company reported a net sales of 1021 mDKK in 2024, demonstrating a growth of 9.3 % compared to the previous year. The operating profit percentage was at 3.5 % (EBIT: 35.9 mDKK), while net earnings were 44.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 91.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KL2019 A/S's liquidity measured by quick ratio was 9.3 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales721.94858.65928.77933.921 021.03
Gross profit277.44374.08423.09265.29433.64
EBIT- 134.14-2.92-30.88- 178.0235.93
Net earnings- 107.90-5.70-29.25- 194.7544.63
Shareholders equity total1 006.101 000.40965.44770.691 215.32
Balance sheet total (assets)1 244.481 309.171 294.04991.531 374.64
Net debt- 295.80- 887.55
Profitability
EBIT-%-18.6 %-0.3 %-3.3 %-19.1 %3.5 %
ROA-10.8 %-0.2 %-2.4 %-15.0 %3.8 %
ROE-10.2 %-0.6 %-3.0 %-22.4 %4.5 %
ROI-10.8 %-0.2 %-2.4 %-16.5 %4.4 %
Economic value added (EVA)- 190.12-53.47-81.15- 250.20-2.95
Solvency
Equity ratio100.0 %100.0 %100.0 %81.8 %91.3 %
Gearing1.0 %0.4 %
Relative net indebtedness %-8.9 %-71.8 %
Liquidity
Quick ratio3.19.3
Current ratio2.46.9
Cash and cash equivalents303.75891.91
Capital use efficiency
Trade debtors turnover (days)26.512.3
Net working capital %21.2 %39.4 %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:3.75%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.3%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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