2 K DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 10810299
Stenvej 25 B, 8270 Højbjerg
finance@2kdenmark.com
tel: 86275813
2kdenmark.com

Credit rating

Company information

Official name
2 K DENMARK A/S
Personnel
10 persons
Established
1987
Company form
Limited company
Industry

About 2 K DENMARK A/S

2 K DENMARK A/S (CVR number: 10810299) is a company from AARHUS. The company recorded a gross profit of 4535.4 kDKK in 2023. The operating profit was -300 kDKK, while net earnings were -228.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.4 %, which can be considered poor and Return on Equity (ROE) was -27.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.5 %, 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. 2 K DENMARK A/S's liquidity measured by quick ratio was 1.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 539.314 664.204 759.314 931.364 535.38
EBIT- 377.50379.47278.19521.57- 300.00
Net earnings- 299.99292.50206.90403.73- 228.77
Shareholders equity total425.79718.29925.191 078.92600.15
Balance sheet total (assets)2 404.402 046.673 114.262 595.562 661.77
Net debt- 491.25- 716.49-1 657.63-1 003.21- 969.43
Profitability
EBIT-%
ROA-15.7 %17.1 %10.8 %18.6 %-10.4 %
ROE-52.1 %51.1 %25.2 %40.3 %-27.2 %
ROI-41.4 %52.4 %27.9 %38.5 %-22.4 %
Economic value added (EVA)- 310.73314.19216.79443.63- 237.80
Solvency
Equity ratio23.4 %35.1 %29.7 %41.6 %22.5 %
Gearing69.7 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.41.62.31.4
Current ratio1.11.41.62.31.4
Cash and cash equivalents787.90717.861 657.631 003.21969.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:-10.4%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.5%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board
Board member

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