K&K, SVENDBORG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About K&K, SVENDBORG ApS
K&K, SVENDBORG ApS (CVR number: 26632439) is a company from SVENDBORG. The company recorded a gross profit of -25.7 kDKK in 2023. The operating profit was -25.7 kDKK, while net earnings were 273.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good and Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 80.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K&K, SVENDBORG ApS's liquidity measured by quick ratio was 5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 011.37 | 1 146.60 | 1 333.46 | 671.94 | -25.70 |
EBIT | 178.97 | 211.03 | 476.00 | - 355.78 | -25.70 |
Net earnings | 164.07 | 195.05 | 404.43 | - 265.35 | 273.12 |
Shareholders equity total | 2 158.31 | 2 332.68 | 2 736.09 | 2 468.97 | 2 436.32 |
Balance sheet total (assets) | 3 626.71 | 3 519.74 | 4 139.43 | 3 321.25 | 3 041.94 |
Net debt | - 728.70 | -1 395.19 | -1 810.00 | -1 841.21 | -2 662.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.6 % | 5.9 % | 12.4 % | -9.5 % | 9.9 % |
ROE | 5.8 % | 8.7 % | 16.0 % | -10.2 % | 11.1 % |
ROI | 5.6 % | 8.1 % | 18.8 % | -13.7 % | 12.9 % |
Economic value added (EVA) | 72.34 | 191.43 | 377.66 | - 290.74 | -38.36 |
Solvency | |||||
Equity ratio | 59.5 % | 66.3 % | 66.1 % | 74.3 % | 80.1 % |
Gearing | 32.9 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.4 | 1.5 | 3.5 | 5.0 |
Current ratio | 2.2 | 2.7 | 2.7 | 3.5 | 5.0 |
Cash and cash equivalents | 1 439.01 | 1 395.19 | 1 810.00 | 1 841.21 | 2 662.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BB |
Variable visualization
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