K. K. Finans A/S — Credit Rating and Financial Key Figures

CVR number: 28291671
Atterupvej 11, Atterup 4174 Jystrup Midtsj
tel: 46496077

Company information

Official name
K. K. Finans A/S
Established
2004
Domicile
Atterup
Company form
Limited company
Industry

About K. K. Finans A/S

K. K. Finans A/S (CVR number: 28291671) is a company from RINGSTED. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were 15.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.9 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 7.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. K. K. Finans A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-7.24-7.44-2.50-2.50
EBIT-7.24-7.44-2.50-2.50
Net earnings5.925.9811.1612.9415.95
Shareholders equity total485.60491.58502.74515.68531.62
Balance sheet total (assets)6 229.706 452.646 710.726 979.127 258.32
Net debt5 739.105 954.266 202.166 457.096 719.24
Profitability
EBIT-%
ROA3.8 %3.8 %3.9 %3.9 %3.9 %
ROE1.2 %1.2 %2.2 %2.5 %3.0 %
ROI3.8 %3.8 %3.9 %3.9 %3.9 %
Economic value added (EVA)-29.77-30.19-26.65-27.21-25.91
Solvency
Equity ratio7.8 %7.6 %7.5 %7.4 %7.3 %
Gearing1181.9 %1211.3 %1233.7 %1252.2 %1263.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.11.11.11.1
Current ratio1.11.11.11.11.1
Cash and cash equivalents0.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:3.92%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.32%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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