KIRKBI A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KIRKBI A/S
KIRKBI A/S (CVR number: 18591235) is a company from BILLUND. The company recorded a gross profit of 17257 mDKK in 2020. The operating profit was 16851 mDKK, while net earnings were 16911 mDKK. The profitability of the company measured by Return on Assets (ROA) was 27.4 %, which can be considered excellent and Return on Equity (ROE) was 27.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KIRKBI A/S's liquidity measured by quick ratio was 59.1 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 financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 22 000.00 | 18 000.00 | 17 000.00 | 6 000 000.00 | 17 257 000.00 |
EBIT | 4 895 000.00 | 5 000 000.00 | 4 960 000.00 | 5 550 000.00 | 16 851 000.00 |
Net earnings | 4 937 000.00 | 5 089 000.00 | 4 995 000.00 | 5 634 000.00 | 16 911 000.00 |
Shareholders equity total | 38 113 000.00 | 42 805 000.00 | 47 401 000.00 | 52 630 000.00 | 69 140 000.00 |
Balance sheet total (assets) | 39 133 000.00 | 43 412 000.00 | 48 066 000.00 | 53 438 000.00 | 69 760 000.00 |
Net debt | 938 000.00 | 416 000.00 | 496 000.00 | 615 000.00 | -8 344 000.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 13.3 % | 12.2 % | 10.8 % | 10.9 % | 27.4 % |
ROE | 13.8 % | 12.6 % | 11.1 % | 11.3 % | 27.8 % |
ROI | 13.3 % | 12.2 % | 10.9 % | 10.9 % | 27.4 % |
Economic value added (EVA) | 3 204 817.17 | 3 112 377.34 | 2 836 019.64 | 3 239 233.02 | 14 247 389.56 |
Solvency | |||||
Equity ratio | 97.4 % | 98.6 % | 98.6 % | 98.5 % | 99.1 % |
Gearing | 2.5 % | 1.0 % | 1.1 % | 1.2 % | 0.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 26.7 | 17.9 | 24.6 | 7.9 | 59.1 |
Current ratio | 26.7 | 17.9 | 24.6 | 7.9 | 59.1 |
Cash and cash equivalents | 2 000.00 | 5 000.00 | 3 000.00 | 2 000.00 | 8 756 000.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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