KF Service ApS — Credit Rating and Financial Key Figures

CVR number: 37034908
Koldingvej 50, Andst 6600 Vejen

Company information

Official name
KF Service ApS
Personnel
2 persons
Established
2015
Domicile
Andst
Company form
Private limited company
Industry

About KF Service ApS

KF Service ApS (CVR number: 37034908) is a company from VEJEN. The company reported a net sales of 1.8 mDKK in 2023, demonstrating a decline of -7.7 % compared to the previous year. The operating profit percentage was at 32.9 % (EBIT: 0.6 mDKK), while net earnings were 20.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 100.4 %, which can be considered excellent and Return on Equity (ROE) was 152.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KF Service ApS's liquidity measured by quick ratio was 7.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 414.581 662.091 862.071 936.801 787.28
Gross profit983.571 291.751 444.171 501.141 316.84
EBIT550.31622.51734.73794.63588.21
Net earnings318.85317.16389.43445.8120 176.47
Shareholders equity total1 915.112 232.262 621.693 117.5023 293.97
Balance sheet total (assets)14 013.8514 080.4514 539.0615 827.3625 179.07
Net debt11 406.8911 170.2511 027.4712 037.94-5 663.55
Profitability
EBIT-%38.9 %37.5 %39.5 %41.0 %32.9 %
ROA4.2 %4.4 %5.1 %5.2 %100.4 %
ROE18.2 %15.3 %16.0 %15.5 %152.8 %
ROI4.4 %4.7 %5.4 %5.5 %104.7 %
Economic value added (EVA)381.06414.51461.48507.96401.84
Solvency
Equity ratio13.7 %15.9 %18.0 %19.7 %92.5 %
Gearing595.6 %500.4 %420.6 %386.2 %3.7 %
Relative net indebtedness %855.3 %712.8 %640.0 %656.2 %-260.1 %
Liquidity
Quick ratio0.10.10.10.17.4
Current ratio0.20.20.20.310.7
Cash and cash equivalents0.460.466 534.07
Capital use efficiency
Trade debtors turnover (days)160.3141.0166.8171.7283.7
Net working capital %-724.8 %-595.7 %-520.1 %-463.8 %577.9 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:100.4%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.5%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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