KK WORKS ApS — Credit Rating and Financial Key Figures

CVR number: 33954034
Sønderklitvej 34, 9300 Sæby
tel: 21373070

Credit rating

Company information

Official name
KK WORKS ApS
Personnel
2 persons
Established
2011
Company form
Private limited company
Industry
  • Expand more icon468900

About KK WORKS ApS

KK WORKS ApS (CVR number: 33954034) is a company from FREDERIKSHAVN. The company recorded a gross profit of 1811.2 kDKK in 2023. The operating profit was 108 kDKK, while net earnings were 81 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent and Return on Equity (ROE) was 36.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.3 %, 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. KK WORKS ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 638.371 523.911 780.931 649.161 811.20
EBIT106.36160.57102.2866.36107.95
Net earnings80.22120.8674.8346.0481.01
Shareholders equity total337.39347.65309.48241.12204.33
Balance sheet total (assets)862.131 122.92847.46671.37722.84
Net debt- 463.94- 243.29- 534.67- 351.58- 442.12
Profitability
EBIT-%
ROA11.5 %16.2 %10.4 %8.7 %15.5 %
ROE19.8 %35.3 %22.8 %16.7 %36.4 %
ROI25.2 %42.4 %27.8 %21.9 %44.0 %
Economic value added (EVA)85.93130.2672.8361.0287.05
Solvency
Equity ratio39.1 %31.0 %36.5 %35.9 %28.3 %
Gearing1.9 %1.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.41.61.51.4
Current ratio1.51.41.61.51.4
Cash and cash equivalents470.38249.73534.67351.58442.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:15.5%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.3%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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