KOCH & KO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KOCH & KO ApS
KOCH & KO ApS (CVR number: 33961928) is a company from HERNING. The company recorded a gross profit of 437.3 kDKK in 2023. The operating profit was 108.5 kDKK, while net earnings were -7.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.6 %, 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. KOCH & KO ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 136.00 | 172.00 | 434.00 | 884.00 | 437.26 |
EBIT | 41.00 | 85.00 | 186.00 | 598.00 | 108.49 |
Net earnings | 17.00 | -4.00 | 117.00 | 507.00 | -7.24 |
Shareholders equity total | 1 338.00 | 1 335.00 | 4 572.00 | 4 997.00 | 4 872.51 |
Balance sheet total (assets) | 3 095.00 | 3 193.00 | 8 899.00 | 9 751.00 | 8 311.64 |
Net debt | 1 307.00 | 1 509.00 | 2 589.00 | 2 592.00 | 2 613.06 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.3 % | 3.3 % | 3.3 % | 9.4 % | 2.4 % |
ROE | 1.3 % | -0.3 % | 4.0 % | 10.6 % | -0.1 % |
ROI | 2.6 % | 3.6 % | 3.5 % | 11.1 % | 2.8 % |
Economic value added (EVA) | -88.77 | -50.34 | 10.05 | 134.03 | - 225.93 |
Solvency | |||||
Equity ratio | 43.2 % | 41.8 % | 51.4 % | 51.2 % | 58.6 % |
Gearing | 97.7 % | 113.1 % | 57.2 % | 52.8 % | 54.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 2.6 | 0.4 | 1.3 | 1.3 |
Current ratio | 1.2 | 2.6 | 0.5 | 1.3 | 1.3 |
Cash and cash equivalents | 1.00 | 27.00 | 44.00 | 54.48 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | A |
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