K/S KOLDING RETAIL — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S KOLDING RETAIL
K/S KOLDING RETAIL (CVR number: 28663153) is a company from SVENDBORG. The company reported a net sales of 3.6 mDKK in 2023, demonstrating a growth of 3.8 % compared to the previous year. The operating profit percentage was at 104.8 % (EBIT: 3.8 mDKK), while net earnings were 2468.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 12.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 37.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. K/S KOLDING RETAIL'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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 070.10 | 1 404.23 | 2 859.30 | 3 491.85 | 3 625.53 |
Gross profit | 2 007.92 | 760.69 | 1 851.30 | 2 326.54 | 3 469.92 |
EBIT | 2 007.92 | -3 329.01 | 5 026.82 | 8 286.53 | 3 799.50 |
Net earnings | 1 067.49 | -4 583.91 | 3 718.86 | 6 877.24 | 2 468.85 |
Shareholders equity total | 13 907.17 | 9 323.26 | 13 042.12 | 19 919.36 | 19 888.21 |
Balance sheet total (assets) | 51 161.42 | 50 197.63 | 55 009.47 | 53 294.87 | 52 665.44 |
Net debt | 35 073.77 | 39 987.09 | 40 858.21 | 29 715.36 | 29 551.83 |
Profitability | |||||
EBIT-% | 65.4 % | -237.1 % | 175.8 % | 237.3 % | 104.8 % |
ROA | 4.0 % | -6.5 % | 9.6 % | 15.6 % | 7.2 % |
ROE | 8.0 % | -39.5 % | 33.3 % | 41.7 % | 12.4 % |
ROI | 4.0 % | -6.6 % | 9.7 % | 15.8 % | 7.3 % |
Economic value added (EVA) | 193.07 | -5 111.97 | 3 395.74 | 6 255.26 | 1 365.52 |
Solvency | |||||
Equity ratio | 27.2 % | 18.6 % | 36.3 % | 37.4 % | 37.8 % |
Gearing | 259.3 % | 428.9 % | 313.3 % | 161.9 % | 156.2 % |
Relative net indebtedness % | 1181.5 % | 2910.7 % | 1467.7 % | 883.2 % | 862.5 % |
Liquidity | |||||
Quick ratio | 0.3 | 0.0 | 0.0 | 1.3 | 0.6 |
Current ratio | 0.3 | 0.0 | 0.0 | 1.3 | 0.6 |
Cash and cash equivalents | 980.74 | 1.09 | 0.13 | 2 534.88 | 1 506.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -78.8 % | -411.9 % | -254.1 % | 17.8 % | -26.8 % |
Credit risk | |||||
Credit rating | AA | BBB | AA | AA | AA |
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