KK VEST ApS — Credit Rating and Financial Key Figures

CVR number: 29623538
Buskelundskoven 30, 8600 Silkeborg
kk@krygerdevelopment.dk
tel: 20767600

Company information

Official name
KK VEST ApS
Personnel
2 persons
Established
2006
Company form
Private limited company
Industry

About KK VEST ApS

KK VEST ApS (CVR number: 29623538) is a company from SILKEBORG. The company recorded a gross profit of 2500.7 kDKK in 2023. The operating profit was 1981.1 kDKK, while net earnings were 922.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak but Return on Equity (ROE) was 31.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 1.5 %, 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. KK VEST ApS's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 030.871 253.16545.081 118.812 500.70
EBIT259.01-3 254.4832.26- 302.801 981.09
Net earnings1 787.98-2 389.7320.553 557.85922.69
Shareholders equity total65 186.7362 797.0022 817.564 575.401 298.09
Balance sheet total (assets)120 974.85100 128.5159 553.3958 249.1489 385.92
Net debt40 464.8622 426.6224 502.1343 441.5450 292.65
Profitability
EBIT-%
ROA1.7 %-2.1 %1.0 %7.2 %3.0 %
ROE2.8 %-3.7 %0.0 %26.0 %31.4 %
ROI1.8 %-2.2 %1.1 %7.5 %3.1 %
Economic value added (EVA)-4 718.35-7 491.44-4 093.22-2 110.47651.45
Solvency
Equity ratio53.9 %62.7 %38.3 %7.9 %1.5 %
Gearing63.1 %36.7 %115.8 %985.9 %6180.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.83.20.60.20.7
Current ratio3.83.20.60.20.7
Cash and cash equivalents680.85624.481 912.091 666.4229 940.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:3.03%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.45%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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