K3 FINANS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About K3 FINANS ApS
K3 FINANS ApS (CVR number: 28898126K) is a company from RUDERSDAL. The company recorded a gross profit of 23 mDKK in 2023. The operating profit was 35.2 mDKK, while net earnings were 21.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 57 %, 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. K3 FINANS 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 | 13 783.82 | 22 967.41 | |||
EBIT | 38 852.05 | 42 673.78 | 241 452.15 | 113 003.13 | 35 189.43 |
Net earnings | 25 712.48 | 31 387.80 | 185 835.46 | 92 375.24 | 21 284.44 |
Shareholders equity total | 59 781.87 | 91 321.86 | 261 466.78 | 346 397.59 | 351 772.02 |
Balance sheet total (assets) | 201 613.79 | 243 158.62 | 512 501.28 | 625 725.77 | 619 267.40 |
Net debt | 139 093.22 | 174 000.93 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 19.3 % | 19.2 % | 63.9 % | 20.6 % | 5.7 % |
ROE | 43.0 % | 41.5 % | 105.4 % | 35.6 % | 8.0 % |
ROI | 19.3 % | 19.2 % | 63.9 % | 21.2 % | 5.9 % |
Economic value added (EVA) | 38 852.05 | 39 669.75 | 236 863.22 | 78 799.30 | 4 528.61 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 55.4 % | 57.0 % |
Gearing | 51.3 % | 51.8 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.8 | |||
Current ratio | 1.0 | 0.7 | |||
Cash and cash equivalents | 38 692.33 | 8 097.13 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | AA |
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