KK-CONNECTION ApS — Credit Rating and Financial Key Figures

CVR number: 31176425
Røjklitvej 28, Holmsland 6950 Ringkøbing
tel: 24207411

Credit rating

Company information

Official name
KK-CONNECTION ApS
Personnel
1 person
Established
2008
Domicile
Holmsland
Company form
Private limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

About KK-CONNECTION ApS

KK-CONNECTION ApS (CVR number: 31176425) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 702.5 kDKK in 2023. The operating profit was 233 kDKK, while net earnings were 180.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.7 %, which can be considered excellent and Return on Equity (ROE) was 56.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KK-CONNECTION ApS's liquidity measured by quick ratio was 1.9 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
20192020202120222023
Volume
Net sales
Gross profit520.71401.46460.22503.77702.51
EBIT163.4119.9635.5977.31233.04
Net earnings140.2812.9824.7358.81180.38
Shareholders equity total185.08148.05172.78231.59411.97
Balance sheet total (assets)384.66439.74417.96444.38981.90
Net debt- 218.71- 129.69- 156.84- 229.96- 403.12
Profitability
EBIT-%
ROA50.5 %4.8 %8.3 %17.9 %32.7 %
ROE122.1 %7.8 %15.4 %29.1 %56.1 %
ROI108.2 %9.0 %15.7 %29.7 %58.9 %
Economic value added (EVA)145.0518.1930.7261.94184.53
Solvency
Equity ratio48.1 %33.7 %41.3 %52.1 %42.0 %
Gearing15.7 %54.2 %29.3 %28.1 %20.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.51.72.21.9
Current ratio2.11.51.82.31.9
Cash and cash equivalents247.68209.93207.53294.96486.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:32.7%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.0%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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