Kings pub ApS — Credit Rating and Financial Key Figures

CVR number: 39022478
Kordilgade 10 B, 4400 Kalundborg
kingspub@mail.dk
tel: 59512526

Company information

Official name
Kings pub ApS
Personnel
2 persons
Established
2017
Company form
Private limited company
Industry

About Kings pub ApS

Kings pub ApS (CVR number: 39022478) is a company from KALUNDBORG. The company recorded a gross profit of 405.6 kDKK in 2023. The operating profit was -16.7 kDKK, while net earnings were -39.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -9.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -11 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Kings pub ApS's liquidity measured by quick ratio was 0.8 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 profit411.71324.88450.72588.61405.56
EBIT- 209.43-47.59104.68249.46-16.66
Net earnings- 206.90-56.1686.61223.26-39.39
Shareholders equity total- 308.45- 364.61- 238.10-14.84-54.23
Balance sheet total (assets)195.61197.23161.25398.76438.98
Net debt- 108.27-46.46-47.78- 268.03- 307.56
Profitability
EBIT-%
ROA-49.8 %-8.9 %21.8 %61.4 %-3.7 %
ROE-104.9 %-28.6 %48.3 %79.7 %-9.4 %
ROI
Economic value added (EVA)- 202.35-26.65125.34259.36-2.45
Solvency
Equity ratio-61.2 %-64.9 %-59.6 %-3.6 %-11.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.30.80.8
Current ratio0.40.40.30.90.8
Cash and cash equivalents108.2746.4647.78268.03307.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-3.68%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-11.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

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