KIF Equipment ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KIF Equipment ApS
KIF Equipment ApS (CVR number: 37802433) is a company from VEJLE. The company recorded a gross profit of -238.1 kDKK in 2023. The operating profit was -238.1 kDKK, while net earnings were -237.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -34.1 %, which can be considered poor and Return on Equity (ROE) was -95.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -31 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. KIF Equipment ApS's liquidity measured by quick ratio was 0.6 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 | - 805.39 | 108.76 | -11.74 | -12.49 | - 238.05 |
EBIT | - 988.11 | 866.16 | -11.74 | -12.49 | - 238.05 |
Net earnings | - 967.81 | 869.32 | -14.09 | -13.20 | - 237.30 |
Shareholders equity total | - 816.25 | 53.07 | 38.98 | 25.78 | - 211.52 |
Balance sheet total (assets) | 1 173.42 | 738.59 | 724.50 | 708.42 | 471.11 |
Net debt | 1 200.43 | 52.26 | 5.54 | 17.87 | 30.18 |
Profitability | |||||
EBIT-% | |||||
ROA | -48.8 % | 64.0 % | -1.6 % | -1.7 % | -34.1 % |
ROE | -146.1 % | 141.8 % | -30.6 % | -40.8 % | -95.5 % |
ROI | -71.4 % | 107.3 % | -3.6 % | -4.0 % | -82.1 % |
Economic value added (EVA) | - 960.30 | 909.22 | -3.15 | -0.84 | - 226.36 |
Solvency | |||||
Equity ratio | -41.0 % | 7.2 % | 5.4 % | 3.6 % | -31.0 % |
Gearing | -159.1 % | 520.6 % | 708.8 % | 1071.8 % | -130.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.7 | 0.7 | 0.6 | 0.6 |
Current ratio | 1.0 | 1.8 | 1.8 | 1.7 | 1.2 |
Cash and cash equivalents | 97.90 | 224.03 | 270.75 | 258.42 | 246.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BBB | BBB | BB |
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