K2 TOP registreret revisionsanpartsselskab — Credit Rating and Financial Key Figures
Credit rating
Company information
About K2 TOP registreret revisionsanpartsselskab
K2 TOP registreret revisionsanpartsselskab (CVR number: 30175905) is a company from VEJLE. The company recorded a gross profit of 223.5 kDKK in 2023. The operating profit was -90.4 kDKK, while net earnings were 74.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent and Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 79.5 %, 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. K2 TOP registreret revisionsanpartsselskab's liquidity measured by quick ratio was 14.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 245.70 | 290.64 | 291.25 | 261.03 | 223.50 |
EBIT | 89.73 | 87.99 | 45.28 | -18.21 | -90.43 |
Net earnings | 52.39 | 182.70 | 266.04 | - 217.64 | 74.80 |
Shareholders equity total | 1 555.75 | 1 728.39 | 1 984.42 | 1 756.78 | 1 821.59 |
Balance sheet total (assets) | 2 165.84 | 2 275.54 | 2 533.08 | 2 230.79 | 2 290.64 |
Net debt | - 461.94 | - 678.65 | -1 020.21 | - 777.17 | - 915.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.8 % | 11.2 % | 14.7 % | 1.4 % | 5.6 % |
ROE | 3.4 % | 11.1 % | 14.3 % | -11.6 % | 4.2 % |
ROI | 5.0 % | 11.4 % | 15.1 % | 1.5 % | 5.7 % |
Economic value added (EVA) | 9.05 | 14.34 | -15.49 | -59.51 | - 107.31 |
Solvency | |||||
Equity ratio | 71.8 % | 76.0 % | 78.3 % | 78.8 % | 79.5 % |
Gearing | 34.2 % | 28.2 % | 22.8 % | 24.0 % | 22.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.3 | 14.5 | 18.3 | 15.6 | 14.4 |
Current ratio | 10.3 | 14.5 | 18.3 | 15.6 | 14.4 |
Cash and cash equivalents | 993.70 | 1 165.72 | 1 472.13 | 1 198.86 | 1 320.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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