KOMMUNEFORLAGET A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KOMMUNEFORLAGET A/S
KOMMUNEFORLAGET A/S (CVR number: 30510755) is a company from KØBENHAVN. The company reported a net sales of 7.5 mDKK in 2023, demonstrating a decline of -7.3 % compared to the previous year. The operating profit percentage was at 11.2 % (EBIT: 0.8 mDKK), while net earnings were 1215.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent and Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 92.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KOMMUNEFORLAGET A/S's liquidity measured by quick ratio was 13 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 9 213.26 | 8 178.62 | 7 854.31 | 8 099.98 | 7 507.80 |
Gross profit | 4 088.90 | 3 793.94 | 3 659.55 | 3 856.41 | 3 120.60 |
EBIT | 1 752.22 | 1 417.42 | 1 312.26 | 1 538.64 | 841.67 |
Net earnings | 1 561.95 | 1 056.29 | 1 116.17 | 16.69 | 1 215.18 |
Shareholders equity total | 16 494.57 | 17 550.86 | 17 667.03 | 17 683.71 | 18 898.90 |
Balance sheet total (assets) | 18 959.79 | 19 677.81 | 20 652.41 | 19 551.22 | 21 111.04 |
Net debt | -16 037.93 | -17 643.53 | -18 657.39 | -17 973.08 | -19 863.47 |
Profitability | |||||
EBIT-% | 19.0 % | 17.3 % | 16.7 % | 19.0 % | 11.2 % |
ROA | 10.5 % | 7.1 % | 7.2 % | 0.3 % | 7.7 % |
ROE | 9.5 % | 6.2 % | 6.3 % | 0.1 % | 6.6 % |
ROI | 12.1 % | 8.0 % | 8.1 % | 0.3 % | 8.6 % |
Economic value added (EVA) | 1 440.76 | 1 090.15 | 1 027.72 | 1 290.22 | 670.71 |
Solvency | |||||
Equity ratio | 90.3 % | 92.3 % | 88.3 % | 93.5 % | 92.2 % |
Gearing | 1.0 % | 0.0 % | 4.1 % | ||
Relative net indebtedness % | -149.1 % | -189.7 % | -208.8 % | -198.8 % | -235.1 % |
Liquidity | |||||
Quick ratio | 10.6 | 13.4 | 8.8 | 15.8 | 13.0 |
Current ratio | 7.7 | 9.3 | 6.9 | 10.5 | 9.5 |
Cash and cash equivalents | 16 202.62 | 17 643.73 | 19 388.15 | 17 973.08 | 19 863.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 80.0 | 64.4 | 26.1 | 28.6 | 21.5 |
Net working capital % | 10.7 % | 26.8 % | 26.6 % | 44.4 % | 54.0 % |
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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