Kitron India ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kitron India ApS
Kitron India ApS (CVR number: 42887609) is a company from HORSENS. The company recorded a gross profit of -36.2 kDKK in 2024. The operating profit was -36.2 kDKK, while net earnings were -29.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -143.7 %, which can be considered poor and Return on Equity (ROE) was -164.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -41.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Kitron India 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 financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -32.29 | -36.25 | |
EBIT | -32.29 | -36.25 | |
Net earnings | -0.67 | -25.13 | -29.21 |
Shareholders equity total | 39.33 | 14.20 | -15.01 |
Balance sheet total (assets) | 39.33 | 14.20 | 21.24 |
Net debt | -38.38 | -6.17 | -4.96 |
Profitability | |||
EBIT-% | |||
ROA | -120.3 % | -143.7 % | |
ROE | -1.7 % | -93.9 % | -164.8 % |
ROI | -120.3 % | -510.4 % | |
Economic value added (EVA) | -27.16 | -28.99 | |
Solvency | |||
Equity ratio | 100.0 % | 100.0 % | -41.4 % |
Gearing | |||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.6 | ||
Current ratio | 0.6 | ||
Cash and cash equivalents | 38.38 | 6.17 | 4.96 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | B | BB | B |
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