K21 Esbjerg ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About K21 Esbjerg ApS
K21 Esbjerg ApS (CVR number: 40285660) is a company from ESBJERG. The company recorded a gross profit of 471.2 kDKK in 2023. The operating profit was -537.8 kDKK, while net earnings were -596 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.1 %, which can be considered poor and Return on Equity (ROE) was -122.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. K21 Esbjerg ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 749.02 | 552.68 | - 115.42 | 99.34 | 471.19 |
EBIT | 1 768.00 | - 307.82 | 55.88 | -3 017.33 | - 537.81 |
Net earnings | 793.15 | - 489.43 | - 188.16 | -2 580.48 | - 596.04 |
Shareholders equity total | 793.15 | 303.72 | 115.56 | 535.09 | 439.04 |
Balance sheet total (assets) | 16 444.68 | 15 432.05 | 15 931.92 | 13 357.51 | 12 601.36 |
Net debt | 14 776.10 | 14 727.98 | 15 443.11 | 12 550.87 | 11 841.10 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.8 % | -1.9 % | 0.4 % | -20.6 % | -4.1 % |
ROE | 100.0 % | -89.2 % | -89.8 % | -793.2 % | -122.4 % |
ROI | 10.9 % | -2.0 % | 0.4 % | -20.9 % | -4.2 % |
Economic value added (EVA) | 1 379.57 | - 710.18 | - 393.75 | -2 765.15 | - 829.11 |
Solvency | |||||
Equity ratio | 39.3 % | 39.9 % | 41.6 % | 31.2 % | 29.6 % |
Gearing | 1908.9 % | 4887.5 % | 13363.4 % | 2345.6 % | 2724.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 0.1 | 0.4 | 0.5 |
Current ratio | 0.5 | 0.4 | 0.1 | 0.4 | 0.5 |
Cash and cash equivalents | 364.21 | 116.35 | 121.59 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BB | BBB |
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