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KN-HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KN-HOLDING A/S
KN-HOLDING A/S (CVR number: 66861015) is a company from STRUER. The company recorded a gross profit of 351.4 kDKK in 2024. The operating profit was -3604.5 kDKK, while net earnings were -68.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -0.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KN-HOLDING A/S's liquidity measured by quick ratio was 145.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 155.73 | - 213.61 | 266.22 | 502.82 | 351.45 |
| EBIT | - 229.48 | 279.30 | - 111.51 | 284.87 | -3 604.54 |
| Net earnings | 4 514.12 | 1 300.76 | 4 170.19 | 4 984.55 | -68.70 |
| Shareholders equity total | 58 852.91 | 58 098.88 | 61 269.07 | 61 815.62 | 53 238.01 |
| Balance sheet total (assets) | 61 318.25 | 59 613.70 | 63 339.73 | 63 852.49 | 53 854.56 |
| Net debt | -18 262.06 | -14 993.10 | -18 704.79 | -24 276.11 | -26 266.43 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.6 % | 5.6 % | 8.1 % | 9.2 % | -0.8 % |
| ROE | 7.9 % | 2.2 % | 7.0 % | 8.1 % | -0.1 % |
| ROI | 9.7 % | 5.7 % | 8.2 % | 9.3 % | -0.8 % |
| Economic value added (EVA) | -3 024.44 | -2 741.15 | -3 064.12 | -2 931.40 | -6 128.14 |
| Solvency | |||||
| Equity ratio | 95.9 % | 97.5 % | 96.7 % | 96.8 % | 98.9 % |
| Gearing | 0.0 % | 0.0 % | 0.1 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 28.5 | 164.5 | 46.7 | 61.4 | 145.8 |
| Current ratio | 28.1 | 164.6 | 46.8 | 61.4 | 145.8 |
| Cash and cash equivalents | 18 262.06 | 14 993.10 | 18 704.80 | 24 276.12 | 26 306.44 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | BBB |
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