KT ApS AF 2002 — Credit Rating and Financial Key Figures
Credit rating
Company information
About KT ApS AF 2002
KT ApS AF 2002 (CVR number: 69347517) is a company from ESBJERG. The company reported a net sales of 0.1 mDKK in 2024, demonstrating a decline of -6.8 % compared to the previous year. The operating profit percentage was at 68.5 % (EBIT: 0.1 mDKK), while net earnings were -113 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -5.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.9 %, 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. KT ApS AF 2002'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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 104.83 | 119.04 | 110.96 | ||
Gross profit | 93.23 | 86.77 | 104.83 | 119.04 | 110.96 |
EBIT | 61.03 | 54.54 | 69.83 | 84.04 | 75.96 |
Net earnings | 17.40 | 50.09 | 21.60 | 7.31 | - 112.97 |
Shareholders equity total | 2 326.25 | 2 263.35 | 2 284.95 | 2 150.32 | 1 947.36 |
Balance sheet total (assets) | 3 179.11 | 3 064.58 | 3 214.10 | 3 232.45 | 3 146.16 |
Net debt | 791.53 | 759.21 | 845.82 | 1 023.85 | 1 176.64 |
Profitability | |||||
EBIT-% | 66.6 % | 70.6 % | 68.5 % | ||
ROA | 1.9 % | 1.7 % | 2.2 % | 2.6 % | -0.1 % |
ROE | 0.7 % | 2.2 % | 0.9 % | 0.3 % | -5.5 % |
ROI | 2.0 % | 1.8 % | 2.3 % | 2.7 % | -0.1 % |
Economic value added (EVA) | - 106.27 | - 107.40 | -97.58 | -92.51 | -67.59 |
Solvency | |||||
Equity ratio | 73.2 % | 73.9 % | 71.1 % | 66.5 % | 61.9 % |
Gearing | 34.7 % | 33.7 % | 37.5 % | 48.3 % | 60.8 % |
Relative net indebtedness % | 857.1 % | 880.4 % | 1057.4 % | ||
Liquidity | |||||
Quick ratio | 0.4 | 0.3 | 0.4 | 0.4 | 0.8 |
Current ratio | 0.4 | 0.3 | 0.4 | 0.4 | 0.8 |
Cash and cash equivalents | 16.39 | 4.08 | 11.68 | 15.11 | 6.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 494.2 | ||||
Net working capital % | -483.5 % | -538.8 % | -213.0 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
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