Kang-Tech ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kang-Tech ApS
Kang-Tech ApS (CVR number: 39957795) is a company from QEQQATA. The company recorded a gross profit of 454.2 kDKK in 2024. The operating profit was -144.5 kDKK, while net earnings were -148.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.8 %, which can be considered poor and Return on Equity (ROE) was -15.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 72.2 %, 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. Kang-Tech ApS's liquidity measured by quick ratio was 2.9 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 | 1 134.10 | 1 274.87 | 823.74 | 503.99 | 454.16 |
EBIT | 309.24 | 465.66 | 520.22 | -45.56 | - 144.46 |
Net earnings | 224.62 | 339.83 | 387.21 | -25.62 | - 148.73 |
Shareholders equity total | 321.44 | 661.28 | 1 048.49 | 1 022.87 | 874.14 |
Balance sheet total (assets) | 773.99 | 1 336.71 | 1 622.06 | 1 579.02 | 1 210.24 |
Net debt | - 432.03 | - 882.46 | - 731.98 | - 677.97 | - 348.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 40.2 % | 44.1 % | 35.2 % | -2.1 % | -9.8 % |
ROE | 107.4 % | 69.2 % | 45.3 % | -2.5 % | -15.7 % |
ROI | 99.3 % | 68.4 % | 49.9 % | -2.8 % | -12.4 % |
Economic value added (EVA) | 222.04 | 316.23 | 349.09 | -96.56 | - 203.25 |
Solvency | |||||
Equity ratio | 41.5 % | 49.5 % | 64.6 % | 64.8 % | 72.2 % |
Gearing | 56.0 % | 24.1 % | 17.5 % | 16.1 % | 16.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.9 | 2.6 | 2.4 | 2.9 |
Current ratio | 1.6 | 2.0 | 2.7 | 2.7 | 3.3 |
Cash and cash equivalents | 612.05 | 1 041.88 | 915.61 | 842.15 | 492.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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