KØGE KYST P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KØGE KYST P/S
KØGE KYST P/S (CVR number: 31861063) is a company from KØGE. The company reported a net sales of 90.6 mDKK in 2023. The operating profit percentage was at 12.4 % (EBIT: 11.2 mDKK), while net earnings were 13.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 54.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KØGE KYST P/S's liquidity measured by quick ratio was 120.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 52.00 | 47.20 | 115.40 | 90.56 | |
Gross profit | 52.00 | 47.20 | 115.40 | -1.05 | 12.08 |
EBIT | -31.60 | -75.40 | 15.50 | -2.00 | 11.22 |
Net earnings | -32.20 | -75.60 | 15.00 | -2.72 | 13.50 |
Shareholders equity total | 212.40 | 136.70 | 151.75 | 149.04 | 162.54 |
Balance sheet total (assets) | 270.90 | 237.80 | 261.90 | 217.58 | 231.60 |
Net debt | - 154.62 | -34.97 | -88.84 | ||
Profitability | |||||
EBIT-% | -60.8 % | -159.7 % | 13.4 % | 12.4 % | |
ROA | -10.3 % | -29.6 % | 6.2 % | -0.8 % | 6.0 % |
ROE | -14.1 % | -43.3 % | 10.4 % | -1.8 % | 8.7 % |
ROI | -10.3 % | -29.6 % | 6.2 % | -0.8 % | 6.0 % |
Economic value added (EVA) | -43.89 | -86.07 | 8.63 | -1.86 | 5.49 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 52.2 % | 54.3 % |
Gearing | |||||
Relative net indebtedness % | -134.0 % | -21.8 % | |||
Liquidity | |||||
Quick ratio | 132.1 | 120.3 | |||
Current ratio | 309.7 | 189.7 | |||
Cash and cash equivalents | 154.62 | 34.97 | 88.84 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 1.3 | ||||
Net working capital % | 134.0 % | 254.3 % | |||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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