Kandel ApS — Credit Rating and Financial Key Figures

CVR number: 38700081
Strandboulevarden 114, 2100 København Ø
holding@kandel.dk
Free credit report Annual report

Credit rating

Company information

Official name
Kandel ApS
Established
2017
Company form
Private limited company
Industry

About Kandel ApS

Kandel ApS (CVR number: 38700081) is a company from KØBENHAVN. The company recorded a gross profit of -9.3 kDKK in 2024. The operating profit was -9.3 kDKK, while net earnings were 145.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.3 %, which can be considered excellent and Return on Equity (ROE) was 26.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 95.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kandel ApS's liquidity measured by quick ratio was 15.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales22.57
Gross profit-0.4522.57141.6499.13-9.29
EBIT-0.4522.5781.8799.13-9.29
Net earnings14.1637.48161.81-30.24145.91
Shareholders equity total462.97497.13590.42501.28586.19
Balance sheet total (assets)462.97497.13604.33536.71611.80
Net debt- 206.76- 220.92- 130.67- 320.27- 395.35
Profitability
EBIT-%100.0 %
ROA3.3 %8.0 %35.3 %-0.8 %28.3 %
ROE3.1 %7.8 %29.8 %-5.5 %26.8 %
ROI3.3 %8.0 %35.7 %-0.9 %29.9 %
Economic value added (EVA)-23.06-0.6938.8847.53-32.28
Solvency
Equity ratio100.0 %100.0 %97.7 %93.4 %95.8 %
Gearing
Relative net indebtedness %-978.8 %
Liquidity
Quick ratio9.49.015.4
Current ratio9.49.015.4
Cash and cash equivalents206.76220.92130.67320.27395.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %96.0 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:28.3%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.8%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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