KITON HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KITON HOLDING ApS
KITON HOLDING ApS (CVR number: 25801466) is a company from VORDINGBORG. The company recorded a gross profit of -3.8 kDKK in 2022. The operating profit was -3.8 kDKK, while net earnings were 79.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.2 %, which can be considered excellent and Return on Equity (ROE) was 46.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KITON HOLDING ApS's liquidity measured by quick ratio was 0.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.75 | -3.75 | -3.75 | -3.75 | -3.75 |
EBIT | -3.75 | -3.75 | -3.75 | -3.75 | -3.75 |
Net earnings | 99.32 | -4.88 | 38.38 | -51.93 | 79.24 |
Shareholders equity total | 481.87 | 368.99 | 296.76 | 131.84 | 211.08 |
Balance sheet total (assets) | 587.11 | 476.89 | 389.05 | 230.98 | 310.87 |
Net debt | 28.91 | 12.51 | 44.92 | 49.03 | 46.05 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.7 % | -2.2 % | 8.7 % | -16.2 % | 29.2 % |
ROE | 20.5 % | -1.1 % | 11.5 % | -24.2 % | 46.2 % |
ROI | 17.6 % | -2.3 % | 9.0 % | -16.5 % | 30.0 % |
Economic value added (EVA) | 1.25 | 1.40 | 1.22 | -0.07 | 0.09 |
Solvency | |||||
Equity ratio | 82.1 % | 77.4 % | 76.3 % | 57.1 % | 67.9 % |
Gearing | 21.1 % | 23.0 % | 29.8 % | 68.5 % | 44.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.8 | 0.7 | 0.6 | 0.6 |
Current ratio | 0.7 | 0.8 | 0.7 | 0.6 | 0.6 |
Cash and cash equivalents | 72.58 | 72.28 | 43.61 | 41.21 | 47.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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