Kings pub ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 411.71 | 324.88 | 450.72 | 588.61 | 405.56 |
EBIT | - 209.43 | -47.59 | 104.68 | 249.46 | -16.66 |
Net earnings | - 206.90 | -56.16 | 86.61 | 223.26 | -39.39 |
Shareholders equity total | - 308.45 | - 364.61 | - 238.10 | -14.84 | -54.23 |
Balance sheet total (assets) | 195.61 | 197.23 | 161.25 | 398.76 | 438.98 |
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 | -26.65 | 125.34 | 259.36 | -2.45 |
Solvency | |||||
Equity ratio | -61.2 % | -64.9 % | -59.6 % | -3.6 % | -11.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.3 | 0.3 | 0.8 | 0.8 |
Current ratio | 0.4 | 0.4 | 0.3 | 0.9 | 0.8 |
Cash and cash equivalents | 108.27 | 46.46 | 47.78 | 268.03 | 307.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | BB | BB | B |
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