KBH Låse ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KBH Låse ApS
KBH Låse ApS (CVR number: 38380184) is a company from BRØNDBY. The company reported a net sales of 2.1 mDKK in 2023, demonstrating a growth of 7.7 % compared to the previous year. The operating profit percentage was at 10.6 % (EBIT: 0.2 mDKK), while net earnings were 172.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.6 %, which can be considered excellent and Return on Equity (ROE) was 63.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35 %, 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. KBH Låse 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 706.22 | 1 759.06 | 1 951.36 | 2 102.53 | |
Gross profit | -8.65 | 540.55 | 446.22 | - 318.08 | 699.13 |
EBIT | -8.65 | 37.30 | -63.53 | 173.96 | 223.19 |
Net earnings | -8.72 | 24.09 | -46.45 | 134.72 | 172.66 |
Shareholders equity total | 72.21 | 96.30 | 49.85 | 184.57 | 357.24 |
Balance sheet total (assets) | 82.96 | 360.33 | 516.67 | 873.63 | 1 020.37 |
Net debt | -14.56 | - 255.24 | -25.38 | - 231.15 | - 181.35 |
Profitability | |||||
EBIT-% | 2.2 % | -3.6 % | 8.9 % | 10.6 % | |
ROA | -9.7 % | 16.8 % | -14.5 % | 25.0 % | 23.6 % |
ROE | -11.4 % | 28.6 % | -63.6 % | 114.9 % | 63.7 % |
ROI | -11.3 % | 41.3 % | -45.4 % | 63.6 % | 50.9 % |
Economic value added (EVA) | -8.78 | 21.27 | -37.13 | 140.58 | 185.02 |
Solvency | |||||
Equity ratio | 87.0 % | 26.7 % | 9.6 % | 21.1 % | 35.0 % |
Gearing | 12.8 % | 243.5 % | 103.8 % | 40.0 % | |
Relative net indebtedness % | -0.2 % | 18.2 % | 13.6 % | 16.1 % | |
Liquidity | |||||
Quick ratio | 7.7 | 1.2 | 1.0 | 1.2 | 1.5 |
Current ratio | 7.7 | 1.2 | 1.0 | 1.2 | 1.5 |
Cash and cash equivalents | 14.56 | 267.54 | 146.75 | 422.79 | 324.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 10.2 | 50.9 | 68.9 | 109.4 | |
Net working capital % | 3.0 % | 0.3 % | 0.4 % | 9.4 % | |
Credit risk | |||||
Credit rating | B | BB | BB | BB | BBB |
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