KINCH HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30718429
Lyngsøvej 23, 8600 Silkeborg

Company information

Official name
KINCH HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About KINCH HOLDING ApS

KINCH HOLDING ApS (CVR number: 30718429) is a company from SILKEBORG. The company recorded a gross profit of -14 kDKK in 2023. The operating profit was -14 kDKK, while net earnings were -808.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -5.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KINCH HOLDING ApS's liquidity measured by quick ratio was 168.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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-99.38-5.31-12.95-11.19-13.96
EBIT-99.38-5.31-12.95-11.19-13.96
Net earnings5 380.131 258.501 663.41- 574.68- 808.30
Shareholders equity total14 179.2215 045.0916 849.2315 821.6414 932.34
Balance sheet total (assets)14 221.2015 121.5716 884.4915 839.1414 972.86
Net debt-6 248.33-5 464.72-5 712.39-4 718.71-5 502.34
Profitability
EBIT-%
ROA-23.3 %8.7 %11.1 %-1.3 %-4.7 %
ROE46.0 %8.6 %10.4 %-3.5 %-5.3 %
ROI46.2 %8.7 %11.2 %-1.3 %-4.7 %
Economic value added (EVA)- 561.03- 717.82- 766.20- 855.40- 805.92
Solvency
Equity ratio99.7 %99.5 %99.8 %99.9 %99.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio158.771.5167.8342.7168.4
Current ratio158.771.5167.8342.7168.4
Cash and cash equivalents6 248.335 464.725 712.394 718.715 502.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:-4.69%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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