KB Holding 2018 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KB Holding 2018 ApS
KB Holding 2018 ApS (CVR number: 39743930) is a company from SKANDERBORG. The company reported a net sales of 1563.4 mDKK in 2023, demonstrating a decline of -7.6 % compared to the previous year. The operating profit percentage was at 2.9 % (EBIT: 45.7 mDKK), while net earnings were 19.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, 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 66.8 %, 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. KB Holding 2018 ApS's liquidity measured by quick ratio was 4.6 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 656.09 | 733.65 | 1 273.88 | 1 691.15 | 1 563.43 |
Gross profit | 162.93 | 248.82 | 486.00 | 409.36 | 202.58 |
EBIT | 162.93 | 248.82 | 486.00 | 280.64 | 45.73 |
Net earnings | 15.91 | 23.27 | 306.72 | 22.09 | 19.77 |
Shareholders equity total | 267.97 | 511.23 | 2 292.31 | 2 366.63 | 2 356.08 |
Balance sheet total (assets) | 987.50 | 1 149.06 | 2 974.57 | 3 325.10 | 3 526.47 |
Net debt | - 808.88 | - 691.39 | |||
Profitability | |||||
EBIT-% | 24.8 % | 33.9 % | 38.2 % | 16.6 % | 2.9 % |
ROA | 26.3 % | 23.3 % | 23.6 % | 9.9 % | 4.6 % |
ROE | 6.1 % | 6.0 % | 21.9 % | 1.5 % | 3.2 % |
ROI | 26.3 % | 23.3 % | 23.6 % | 10.4 % | 5.0 % |
Economic value added (EVA) | 175.60 | 235.35 | 460.31 | 84.07 | -23.65 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 71.4 % | 66.8 % |
Gearing | 25.5 % | 32.0 % | |||
Relative net indebtedness % | -29.7 % | -21.9 % | |||
Liquidity | |||||
Quick ratio | 3.0 | 4.6 | |||
Current ratio | 3.2 | 4.9 | |||
Cash and cash equivalents | 1 412.54 | 1 444.20 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 39.5 | 35.8 | |||
Net working capital % | 3.1 % | 16.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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