KEY2FITNESS ApS — Credit Rating and Financial Key Figures

CVR number: 29794278
Gefionsvej 19, 4654 Faxe Ladeplads
fitogsund.dk

Credit rating

Company information

Official name
KEY2FITNESS ApS
Personnel
18 persons
Established
2006
Company form
Private limited company
Industry

About KEY2FITNESS ApS

KEY2FITNESS ApS (CVR number: 29794278) is a company from FAXE. The company recorded a gross profit of 1363 kDKK in 2024. The operating profit was 115.9 kDKK, while net earnings were 49.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was 48.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 3.4 %, 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. KEY2FITNESS ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 168.691 785.311 194.771 217.931 362.96
EBIT102.96732.8655.42111.90115.91
Net earnings-17.99461.663.4047.2949.11
Shareholders equity total- 430.4625.3628.7676.05125.16
Balance sheet total (assets)4 168.734 156.203 752.953 831.253 704.14
Net debt3 116.432 932.032 484.692 616.432 518.98
Profitability
EBIT-%
ROA2.3 %16.7 %1.4 %3.0 %3.1 %
ROE-0.4 %22.0 %12.6 %90.2 %48.8 %
ROI3.2 %23.1 %1.9 %4.1 %4.1 %
Economic value added (EVA)-64.90417.40- 100.04-47.23-54.12
Solvency
Equity ratio-10.1 %0.6 %0.8 %2.0 %3.4 %
Gearing-725.8 %11592.4 %8662.4 %3445.9 %2015.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.40.20.20.2
Current ratio0.30.40.20.20.2
Cash and cash equivalents7.707.706.344.043.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:3.08%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:3.38%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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