K.J. HANDEL OG FINANS ApS — Credit Rating and Financial Key Figures

CVR number: 30194802
Islevdalvej 188 A, 2610 Rødovre
kj.handelogfinans@mail.dk
tel: 50853403

Credit rating

Company information

Official name
K.J. HANDEL OG FINANS ApS
Personnel
2 persons
Established
2007
Company form
Private limited company
Industry

About K.J. HANDEL OG FINANS ApS

K.J. HANDEL OG FINANS ApS (CVR number: 30194802) is a company from RØDOVRE. The company reported a net sales of 0.8 mDKK in 2023, demonstrating a decline of -28.4 % compared to the previous year. The operating profit percentage was at 42.6 % (EBIT: 0.4 mDKK), while net earnings were 64.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36.6 %, which can be considered excellent but Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 85.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K.J. HANDEL OG FINANS ApS's liquidity measured by quick ratio was 6.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales884.74626.641 774.651 160.08830.10
Gross profit521.66398.561 567.191 016.88755.97
EBIT125.88178.42737.46224.52353.68
Net earnings-61.820.86429.58-26.3364.46
Shareholders equity total467.51468.36897.95871.62936.08
Balance sheet total (assets)549.84515.561 197.68983.431 090.23
Net debt- 372.53- 401.55-1 081.91- 759.47- 874.67
Profitability
EBIT-%14.2 %28.5 %41.6 %19.4 %42.6 %
ROA21.4 %33.5 %86.1 %20.6 %36.6 %
ROE-12.4 %0.2 %62.9 %-3.0 %7.1 %
ROI25.3 %38.1 %107.9 %25.4 %41.9 %
Economic value added (EVA)125.09193.96607.61251.02336.31
Solvency
Equity ratio85.0 %90.8 %75.0 %88.6 %85.9 %
Gearing
Relative net indebtedness %-32.8 %-56.5 %-44.1 %-55.8 %-86.8 %
Liquidity
Quick ratio5.59.53.87.36.1
Current ratio6.610.74.07.86.5
Cash and cash equivalents372.53401.551 081.91759.47874.67
Capital use efficiency
Trade debtors turnover (days)13.65.9
Net working capital %51.9 %73.4 %50.4 %44.9 %102.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:36.6%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.9%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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