K E C HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 78651016
Havnegade 22, 7620 Lemvig

Company information

Official name
K E C HOLDING A/S
Personnel
1 person
Established
1985
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 earnings764.197 252.14-1 905.045 773.379 630.99
Shareholders equity total39 904.1446 156.2940 251.2545 024.6153 655.61
Balance sheet total (assets)40 213.3348 283.8946 914.4551 812.8456 106.29
Net debt-36 766.34-43 891.29-38 493.34-42 942.04-50 285.07
Profitability
EBIT-%
ROA2.7 %21.0 %2.3 %14.3 %26.6 %
ROE1.9 %16.9 %-4.4 %13.5 %19.5 %
ROI2.7 %21.6 %2.4 %14.4 %27.3 %
Economic value added (EVA)- 569.00- 654.41- 717.17- 364.63- 200.74
Solvency
Equity ratio99.2 %95.6 %85.8 %86.9 %95.6 %
Gearing0.0 %15.0 %14.3 %
Relative net indebtedness %
Liquidity
Quick ratio119.020.66.77.320.9
Current ratio119.020.66.77.320.9
Cash and cash equivalents36 766.3443 894.1244 524.2349 399.3950 285.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:26.6%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.6%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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