K E C HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About K E C HOLDING A/S
K E C HOLDING A/S (CVR number: 78651016) is a company from LEMVIG. The company recorded a gross profit of -210.3 kDKK in 2023. The operating profit was -562.3 kDKK, while net earnings were 9631 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.6 %, which can be considered excellent and Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K E C HOLDING A/S's liquidity measured by quick ratio was 20.9 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 | - 253.29 | - 270.30 | - 235.61 | - 317.18 | - 210.34 |
EBIT | - 552.75 | - 637.11 | - 596.18 | - 689.39 | - 562.29 |
Net earnings | 764.19 | 7 252.14 | -1 905.04 | 5 773.37 | 9 630.99 |
Shareholders equity total | 39 904.14 | 46 156.29 | 40 251.25 | 45 024.61 | 53 655.61 |
Balance sheet total (assets) | 40 213.33 | 48 283.89 | 46 914.45 | 51 812.84 | 56 106.29 |
Net debt | -36 766.34 | -43 891.29 | -38 493.34 | -42 942.04 | -50 285.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.7 % | 21.0 % | 2.3 % | 14.3 % | 26.6 % |
ROE | 1.9 % | 16.9 % | -4.4 % | 13.5 % | 19.5 % |
ROI | 2.7 % | 21.6 % | 2.4 % | 14.4 % | 27.3 % |
Economic value added (EVA) | - 569.00 | - 654.41 | - 717.17 | - 364.63 | - 200.74 |
Solvency | |||||
Equity ratio | 99.2 % | 95.6 % | 85.8 % | 86.9 % | 95.6 % |
Gearing | 0.0 % | 15.0 % | 14.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 119.0 | 20.6 | 6.7 | 7.3 | 20.9 |
Current ratio | 119.0 | 20.6 | 6.7 | 7.3 | 20.9 |
Cash and cash equivalents | 36 766.34 | 43 894.12 | 44 524.23 | 49 399.39 | 50 285.07 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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