KTI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KTI A/S
KTI A/S (CVR number: 30719735) is a company from RUDERSDAL. The company recorded a gross profit of -1581.7 kDKK in 2023. The operating profit was -2817.9 kDKK, while net earnings were 10.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 76.6 %, 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. KTI A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 424.28 | 177 735.99 | 186 232.24 | - 401.76 | -1 581.69 |
EBIT | - 424.28 | 19 730.38 | 28 550.59 | -3 033.27 | -2 817.90 |
Net earnings | 20 306.77 | 15 381.92 | 15 626.47 | -8 438.55 | 10 651.69 |
Shareholders equity total | 321 384.96 | 647 101.46 | 665 725.23 | 329 486.30 | 340 137.99 |
Balance sheet total (assets) | 343 053.68 | 1 054 744.90 | 1 051 805.66 | 353 248.64 | 444 165.40 |
Net debt | -44 501.00 | -34 895.71 | -29 005.99 | -12 329.55 | 79 055.74 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.2 % | 10.2 % | 6.3 % | 0.0 % | 4.1 % |
ROE | 6.5 % | 4.7 % | 4.6 % | -2.5 % | 3.2 % |
ROI | 7.3 % | 11.2 % | 7.1 % | 0.0 % | 4.1 % |
Economic value added (EVA) | - 835.98 | 14 384.50 | -9 961.18 | -34 000.05 | -2 331.07 |
Solvency | |||||
Equity ratio | 93.7 % | 66.7 % | 67.2 % | 93.3 % | 76.6 % |
Gearing | 6.7 % | 32.0 % | 29.6 % | 2.9 % | 29.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.0 | 6.6 | 5.3 | 1.3 | 1.1 |
Current ratio | 5.0 | 2.4 | 2.6 | 1.3 | 1.1 |
Cash and cash equivalents | 66 108.94 | 241 937.92 | 226 388.99 | 21 831.97 | 22 195.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AAA | A | AA |
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