K.H. FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 15388196
Møllevang 7, 9990 Skagen
kurdhoffbeck@gmail.com

Credit rating

Company information

Official name
K.H. FINANS ApS
Established
1991
Company form
Private limited company
Industry

About K.H. FINANS ApS

K.H. FINANS ApS (CVR number: 15388196) is a company from FREDERIKSHAVN. The company recorded a gross profit of -17.6 kDKK in 2023. The operating profit was -17.6 kDKK, while net earnings were -26.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K.H. FINANS ApS's liquidity measured by quick ratio was 283.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit286.20770.14766.17- 119.20-17.57
EBIT286.20770.14766.17- 119.20-17.57
Net earnings222.39611.99595.78- 241.48-26.63
Shareholders equity total8 031.308 643.296 239.075 997.594 170.95
Balance sheet total (assets)8 056.309 242.656 320.936 076.314 182.45
Net debt-7 132.61-8 318.96-5 397.24-5 152.62-3 217.07
Profitability
EBIT-%
ROA3.3 %8.9 %9.8 %4.3 %0.6 %
ROE2.6 %7.3 %8.0 %-3.9 %-0.5 %
ROI3.3 %9.2 %10.3 %4.3 %0.6 %
Economic value added (EVA)534.14951.35973.5984.02248.53
Solvency
Equity ratio99.7 %93.5 %98.7 %98.7 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio285.213.965.965.5283.4
Current ratio285.213.965.965.5283.4
Cash and cash equivalents7 132.618 318.965 397.245 152.623 217.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:0.60%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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