K/S BEETHOVENSTRASSE, METTMANN — Credit Rating and Financial Key Figures

CVR number: 31622271
Hvidkærvej 23 A, Højme 5250 Odense SV
info@ksadm.dk

Company information

Official name
K/S BEETHOVENSTRASSE, METTMANN
Established
2008
Domicile
Højme
Company form
Limited partnership
Industry

About K/S BEETHOVENSTRASSE, METTMANN

K/S BEETHOVENSTRASSE, METTMANN (CVR number: 31622271) is a company from ODENSE. The company recorded a gross profit of 1380.7 kDKK in 2023. The operating profit was 1027 kDKK, while net earnings were 743.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 15 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.4 %, 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. K/S BEETHOVENSTRASSE, METTMANN's liquidity measured by quick ratio was 0 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 191.971 255.471 282.091 256.671 380.68
EBIT838.29901.80928.41902.991 027.01
Net earnings450.25636.92672.35672.63743.77
Shareholders equity total2 705.653 342.574 014.924 687.555 231.32
Balance sheet total (assets)15 969.2415 505.0715 190.2714 967.9714 382.77
Net debt12 906.0111 838.8010 817.939 753.188 844.87
Profitability
EBIT-%
ROA5.2 %6.0 %6.1 %6.0 %7.0 %
ROE18.9 %21.1 %18.3 %15.5 %15.0 %
ROI5.2 %6.1 %6.2 %6.1 %7.1 %
Economic value added (EVA)24.06111.23161.24153.05288.70
Solvency
Equity ratio16.9 %21.6 %26.4 %31.3 %36.4 %
Gearing481.5 %356.8 %271.7 %213.4 %169.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.10.10.20.0
Current ratio0.20.10.10.20.0
Cash and cash equivalents120.9685.8391.35251.9418.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.00%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.4%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chief executive officer

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