KØE ApS — Credit Rating and Financial Key Figures

CVR number: 29142777
Alpevej 9, 8300 Odder

Company information

Official name
KØE ApS
Established
2005
Company form
Private limited company
Industry

About KØE ApS

KØE ApS (CVR number: 29142777) is a company from ODDER. The company recorded a gross profit of -91 kDKK in 2023. The operating profit was -95.5 kDKK, while net earnings were 2049.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good and Return on Equity (ROE) was 12.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KØE ApS's liquidity measured by quick ratio was 423.5 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-72.45- 129.46- 226.60- 100.35-91.05
EBIT-76.95- 133.96- 231.10- 104.85-95.55
Net earnings1 763.69902.481 104.33-3 710.542 049.84
Shareholders equity total17 704.2418 306.7219 111.0515 100.5216 850.36
Balance sheet total (assets)17 956.8319 618.7019 317.4115 156.1116 889.53
Net debt-13 947.77-17 604.56-18 427.54-14 747.22-16 510.31
Profitability
EBIT-%
ROA12.7 %6.5 %7.6 %-0.8 %13.5 %
ROE10.3 %5.0 %5.9 %-21.7 %12.8 %
ROI12.7 %6.6 %7.7 %-0.8 %13.6 %
Economic value added (EVA)- 203.51- 206.01-72.93-98.28-77.82
Solvency
Equity ratio98.6 %93.3 %98.9 %99.6 %99.8 %
Gearing0.1 %5.6 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio55.414.289.3265.3423.5
Current ratio55.414.289.3265.3423.5
Cash and cash equivalents13 966.7518 621.0218 431.5214 747.2216 517.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:13.5%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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