KickAss Properties ApS — Credit Rating and Financial Key Figures

CVR number: 42184322
St. Voldgade 10, 8900 Randers C
kap@jeba.dk
tel: 72190078

Credit rating

Company information

Official name
KickAss Properties ApS
Established
2021
Company form
Private limited company
Industry

About KickAss Properties ApS

KickAss Properties ApS (CVR number: 42184322) is a company from RANDERS. The company recorded a gross profit of 259.7 kDKK in 2024. The operating profit was 309.7 kDKK, while net earnings were 118.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 29.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KickAss Properties ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit123.16219.50159.54259.66
EBIT123.16114.93- 120.64309.66
Net earnings29.23-27.59- 249.68118.84
Shareholders equity total69.2241.63- 208.05-89.21
Balance sheet total (assets)7 102.177 003.146 849.806 879.76
Net debt6 599.406 604.216 708.836 697.21
Profitability
EBIT-%
ROA1.7 %1.6 %-1.7 %4.6 %
ROE42.2 %-49.8 %-7.2 %1.7 %
ROI1.8 %1.7 %-1.8 %4.7 %
Economic value added (EVA)96.18- 231.94- 468.97-67.92
Solvency
Equity ratio30.0 %30.0 %27.7 %29.1 %
Gearing9871.7 %16310.0 %-3269.1 %-7589.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.30.3
Current ratio0.50.40.30.2
Cash and cash equivalents234.31185.9792.5073.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:4.56%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.1%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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