KOKI EUROPE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KOKI EUROPE A/S
KOKI EUROPE A/S (CVR number: 25877985) is a company from KØBENHAVN. The company recorded a gross profit of 4947.2 kDKK in 2022. The operating profit was 4.1 kDKK, while net earnings were -720.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -1.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KOKI EUROPE A/S's liquidity measured by quick ratio was 51.6 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 financials2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 23 120.25 | 21 856.82 | 19 256.49 | 9 791.02 | 4 947.24 |
| EBIT | -8 537.35 | -14 596.12 | 2 574.52 | -4 124.83 | 4.09 |
| Net earnings | 4 609.85 | 2 623.58 | 2 854.18 | -5 195.01 | - 720.19 |
| Shareholders equity total | 40 184.74 | 42 808.32 | 45 662.50 | 40 467.49 | 39 747.30 |
| Balance sheet total (assets) | 73 030.47 | 76 553.11 | 81 618.32 | 49 354.41 | 40 532.78 |
| Net debt | -63.22 | -2 706.07 | 12 465.65 | -21 557.31 | -1 139.95 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -12.8 % | -19.1 % | 4.1 % | -5.6 % | 0.3 % |
| ROE | 12.2 % | 6.3 % | 6.5 % | -12.1 % | -1.8 % |
| ROI | -13.7 % | -20.6 % | 4.4 % | -6.2 % | 0.3 % |
| Economic value added (EVA) | -7 424.75 | -10 739.51 | 1 610.30 | -6 954.95 | - 903.49 |
| Solvency | |||||
| Equity ratio | 55.0 % | 55.9 % | 55.5 % | 82.0 % | 98.1 % |
| Gearing | 69.2 % | 57.6 % | 62.4 % | 2.2 % | 0.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.2 | 1.6 | 1.4 | 4.2 | 51.6 |
| Current ratio | 2.1 | 2.3 | 2.3 | 5.0 | 51.6 |
| Cash and cash equivalents | 27 853.21 | 27 367.48 | 16 047.79 | 22 429.80 | 1 247.17 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | AA | BBB | B |
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