K2 TOP registreret revisionsanpartsselskab — Credit Rating and Financial Key Figures

CVR number: 30175905
Hjelmdrupvej 26 A, 6040 Egtved
ekk@k2top.dk
tel: 20474649

Credit rating

Company information

Official name
K2 TOP registreret revisionsanpartsselskab
Personnel
2 persons
Established
2006
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit245.70290.64291.25261.03223.50
EBIT89.7387.9945.28-18.21-90.43
Net earnings52.39182.70266.04- 217.6474.80
Shareholders equity total1 555.751 728.391 984.421 756.781 821.59
Balance sheet total (assets)2 165.842 275.542 533.082 230.792 290.64
Net debt- 461.94- 678.65-1 020.21- 777.17- 915.00
Profitability
EBIT-%
ROA4.8 %11.2 %14.7 %1.4 %5.6 %
ROE3.4 %11.1 %14.3 %-11.6 %4.2 %
ROI5.0 %11.4 %15.1 %1.5 %5.7 %
Economic value added (EVA)9.0514.34-15.49-59.51- 107.31
Solvency
Equity ratio71.8 %76.0 %78.3 %78.8 %79.5 %
Gearing34.2 %28.2 %22.8 %24.0 %22.2 %
Relative net indebtedness %
Liquidity
Quick ratio10.314.518.315.614.4
Current ratio10.314.518.315.614.4
Cash and cash equivalents993.701 165.721 472.131 198.861 320.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:5.59%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.5%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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