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

CVR number: 78651016
Havnegade 22, 7620 Lemvig
Free credit report Annual report

Credit rating

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 -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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
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 earnings7 252.14-1 905.045 773.379 630.99-7 322.48
Shareholders equity total46 156.2940 251.2545 024.6153 655.6144 333.13
Balance sheet total (assets)48 283.8946 914.4551 812.8456 106.2944 783.26
Net debt-43 891.29-38 493.34-42 942.04-50 285.07-35 966.78
Profitability
EBIT-%
ROA21.0 %2.3 %14.3 %26.6 %3.4 %
ROE16.9 %-4.4 %13.5 %19.5 %-14.9 %
ROI21.6 %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 ratio95.6 %85.8 %86.9 %95.6 %99.0 %
Gearing0.0 %15.0 %14.3 %
Relative net indebtedness %
Liquidity
Quick ratio20.66.77.320.985.7
Current ratio20.66.77.320.985.7
Cash and cash equivalents43 894.1244 524.2349 399.3950 285.0735 966.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:3.43%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.0%
Rating: 85/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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