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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 -209.5 kDKK in 2024. The operating profit was -607 kDKK, while net earnings were -7322.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was -14.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99 %, 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 85.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 270.30 | - 235.61 | - 317.18 | - 210.34 | - 209.52 |
| EBIT | - 637.11 | - 596.18 | - 689.39 | - 562.29 | - 606.96 |
| Net earnings | 7 252.14 | -1 905.04 | 5 773.37 | 9 630.99 | -7 322.48 |
| Shareholders equity total | 46 156.29 | 40 251.25 | 45 024.61 | 53 655.61 | 44 333.13 |
| Balance sheet total (assets) | 48 283.89 | 46 914.45 | 51 812.84 | 56 106.29 | 44 783.26 |
| Net debt | -43 891.29 | -38 493.34 | -42 942.04 | -50 285.07 | -35 966.78 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 21.0 % | 2.3 % | 14.3 % | 26.6 % | 3.4 % |
| ROE | 16.9 % | -4.4 % | 13.5 % | 19.5 % | -14.9 % |
| ROI | 21.6 % | 2.4 % | 14.4 % | 27.3 % | 3.5 % |
| Economic value added (EVA) | -2 501.92 | -2 922.99 | -2 905.02 | -3 009.17 | -3 174.11 |
| Solvency | |||||
| Equity ratio | 95.6 % | 85.8 % | 86.9 % | 95.6 % | 99.0 % |
| Gearing | 0.0 % | 15.0 % | 14.3 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 20.6 | 6.7 | 7.3 | 20.9 | 85.7 |
| Current ratio | 20.6 | 6.7 | 7.3 | 20.9 | 85.7 |
| Cash and cash equivalents | 43 894.12 | 44 524.23 | 49 399.39 | 50 285.07 | 35 966.78 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | A | BBB |
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