KØB EJD. A/S — Credit Rating and Financial Key Figures

CVR number: 29632227
Jægervej 2, 7000 Fredericia
KWC@KOEBMANDSGAARDEN.COM

Company information

Official name
KØB EJD. A/S
Established
2006
Company form
Limited company
Industry

About KØB EJD. A/S

KØB EJD. A/S (CVR number: 29632227) is a company from FREDERICIA. The company reported a net sales of 1.7 mDKK in 2023, demonstrating a growth of 4.4 % compared to the previous year. The operating profit percentage was at 83.8 % (EBIT: 1.4 mDKK), while net earnings were 667.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 26.6 %, 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. KØB EJD. A/S's liquidity measured by quick ratio was 0.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales390.001 168.841 572.791 606.341 676.23
Gross profit27.27826.491 266.711 356.661 404.43
EBIT27.27826.491 266.711 356.661 404.43
Net earnings-99.178 420.941 145.861 002.85667.77
Shareholders equity total7 014.5015 435.4416 581.297 584.148 251.91
Balance sheet total (assets)23 284.9830 943.5630 842.5430 701.3631 022.30
Net debt7 821.4312 115.8010 705.7619 052.3918 541.32
Profitability
EBIT-%7.0 %70.7 %80.5 %84.5 %83.8 %
ROA-0.4 %41.0 %5.5 %5.8 %4.6 %
ROE-1.4 %75.0 %7.2 %8.3 %8.4 %
ROI-0.6 %48.1 %5.5 %5.9 %4.7 %
Economic value added (EVA)- 425.12211.53- 111.09-61.58759.90
Solvency
Equity ratio30.1 %49.9 %53.8 %24.7 %26.6 %
Gearing117.6 %82.2 %67.4 %261.3 %238.5 %
Relative net indebtedness %3994.7 %1056.3 %699.9 %1222.4 %1122.4 %
Liquidity
Quick ratio0.20.10.10.00.1
Current ratio0.20.10.10.00.1
Cash and cash equivalents427.67570.68472.33761.941 141.33
Capital use efficiency
Trade debtors turnover (days)0.5
Net working capital %-2688.1 %-433.3 %-288.8 %-1220.5 %-1120.4 %
Credit risk
Credit ratingBBBAAAAAAAA

Variable visualization

ROA:4.64%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.6%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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