KIND A/S — Credit Rating and Financial Key Figures

CVR number: 19144895
Ægirsvej 8, Strandhuse 6000 Kolding
mk@kind.dk
tel: 76333940

Credit rating

Company information

Official name
KIND A/S
Established
1996
Domicile
Strandhuse
Company form
Limited company
Industry

About KIND A/S

KIND A/S (CVR number: 19144895) is a company from KOLDING. The company recorded a gross profit of 132.8 kDKK in 2024. The operating profit was 71.8 kDKK, while net earnings were 229.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 56 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KIND A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit100.9364.90155.00145.00132.83
EBIT39.863.8394.0084.0071.76
Net earnings592.15266.7080.0043.00229.90
Shareholders equity total1 453.041 719.741 800.001 843.002 072.48
Balance sheet total (assets)2 999.242 619.733 685.003 598.003 701.88
Net debt1 307.79673.971 670.001 551.001 438.99
Profitability
EBIT-%
ROA2.1 %0.7 %3.1 %2.3 %2.0 %
ROE53.2 %16.8 %4.5 %2.4 %11.7 %
ROI2.2 %0.7 %3.2 %2.3 %2.0 %
Economic value added (EVA)-10.64- 137.61-14.87- 111.56- 122.31
Solvency
Equity ratio48.4 %65.6 %48.8 %51.2 %56.0 %
Gearing93.7 %43.3 %95.9 %87.1 %71.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.60.10.10.2
Current ratio0.50.60.10.10.2
Cash and cash equivalents53.9871.1557.0054.0035.87
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.97%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.0%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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