KITCHENTECH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KITCHENTECH ApS
KITCHENTECH ApS (CVR number: 34585261) is a company from SLAGELSE. The company recorded a gross profit of 443.2 kDKK in 2024. The operating profit was -30.8 kDKK, while net earnings were -113.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.6 %, which can be considered poor and Return on Equity (ROE) was -15.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KITCHENTECH ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 326.27 | 865.15 | 508.67 | 209.83 | 443.16 |
EBIT | 815.97 | 354.69 | -7.69 | - 353.62 | -30.76 |
Net earnings | 574.61 | 218.18 | - 145.65 | - 348.06 | - 113.08 |
Shareholders equity total | 1 110.28 | 718.18 | 572.52 | 224.46 | 1 241.38 |
Balance sheet total (assets) | 3 676.97 | 2 873.34 | 2 396.42 | 2 320.03 | 2 052.49 |
Net debt | - 838.20 | 327.17 | 463.33 | 714.25 | - 622.01 |
Profitability | |||||
EBIT-% | |||||
ROA | 28.3 % | 10.9 % | -3.6 % | -15.4 % | -3.6 % |
ROE | 69.8 % | 23.9 % | -22.6 % | -87.3 % | -15.4 % |
ROI | 54.2 % | 20.4 % | -5.5 % | -21.2 % | 1.6 % |
Economic value added (EVA) | 576.28 | 187.45 | -94.90 | - 358.85 | - 102.26 |
Solvency | |||||
Equity ratio | 30.2 % | 25.0 % | 23.9 % | 9.7 % | 60.5 % |
Gearing | 58.5 % | 144.1 % | 199.5 % | 570.1 % | 15.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 0.4 | 0.6 | 0.5 | 1.5 |
Current ratio | 1.4 | 1.3 | 1.3 | 1.1 | 2.5 |
Cash and cash equivalents | 1 488.20 | 707.83 | 678.67 | 565.48 | 813.68 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
Variable visualization
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