KØGE AUTOMOBILHANDEL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KØGE AUTOMOBILHANDEL ApS
KØGE AUTOMOBILHANDEL ApS (CVR number: 75158610) is a company from KØGE. The company recorded a gross profit of -7.6 kDKK in 2023. The operating profit was -7.6 kDKK, while net earnings were 93.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.7 %, which can be considered excellent and Return on Equity (ROE) was 40.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KØGE AUTOMOBILHANDEL ApS's liquidity measured by quick ratio was 2.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -8.15 | -9.31 | -11.73 | -7.25 | -7.61 |
EBIT | -8.15 | -9.31 | -11.73 | -7.25 | -7.61 |
Net earnings | -6.15 | -8.80 | 48.98 | 38.79 | 93.13 |
Shareholders equity total | 106.96 | 98.16 | 147.14 | 185.93 | 279.06 |
Balance sheet total (assets) | 281.33 | 279.73 | 338.97 | 377.76 | 485.54 |
Net debt | - 242.41 | - 241.07 | - 313.45 | - 359.38 | - 483.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.9 % | -2.9 % | 20.3 % | 13.9 % | 27.7 % |
ROE | -5.6 % | -8.6 % | 39.9 % | 23.3 % | 40.1 % |
ROI | 4.9 % | -8.0 % | 51.3 % | 29.9 % | 51.3 % |
Economic value added (EVA) | 1.68 | -0.45 | -1.97 | 2.70 | 2.78 |
Solvency | |||||
Equity ratio | 38.0 % | 35.1 % | 43.4 % | 49.2 % | 57.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.5 | 1.8 | 2.0 | 2.4 |
Current ratio | 1.6 | 1.5 | 1.8 | 2.0 | 2.4 |
Cash and cash equivalents | 242.41 | 241.07 | 313.45 | 359.38 | 483.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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