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Kandel ApS — Credit Rating and Financial Key Figures

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

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 -23.3 kDKK in 2025. The operating profit was -23.3 kDKK, while net earnings were 97.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.2 %, which can be considered excellent and Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 78.7 %, 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. Kandel ApS's liquidity measured by quick ratio was 3.2 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
2021
2022
2023
2024
2025
Volume
Net sales22.57
Gross profit22.57141.6499.13-9.29-23.34
EBIT22.5781.8799.13-9.29-23.34
Net earnings37.48161.81-30.24145.9197.78
Shareholders equity total497.13590.42501.28586.19548.97
Balance sheet total (assets)497.13604.33536.71612.84697.40
Net debt- 220.92- 130.67- 320.27- 395.35- 366.41
Profitability
EBIT-%100.0 %
ROA8.0 %35.3 %-0.8 %28.3 %20.2 %
ROE7.8 %29.8 %-5.5 %26.8 %17.2 %
ROI8.0 %35.7 %-0.9 %29.9 %21.4 %
Economic value added (EVA)-0.6938.8847.53-32.28-47.50
Solvency
Equity ratio100.0 %97.7 %93.4 %95.7 %78.7 %
Gearing18.9 %
Relative net indebtedness %-978.8 %
Liquidity
Quick ratio9.49.014.93.2
Current ratio9.49.014.93.2
Cash and cash equivalents220.92130.67320.27395.35470.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %96.0 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:20.2%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.7%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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