K/S KIDDERMINSTER — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S KIDDERMINSTER
K/S KIDDERMINSTER (CVR number: 21146706) is a company from KØBENHAVN. The company recorded a gross profit of 2272.9 kDKK in 2023. The operating profit was -8508.4 kDKK, while net earnings were -11.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -17 %, which can be considered poor and Return on Equity (ROE) was -65 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.9 %, 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 KIDDERMINSTER'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 413.83 | 2 370.89 | |||
Gross profit | 2 281.68 | 2 221.65 | 2 294.40 | 2 379.45 | 2 272.93 |
EBIT | 261.82 | 323.16 | 6 279.04 | - 666.31 | -8 508.37 |
Net earnings | 1 450.37 | -1 214.34 | 1 859.80 | - 938.63 | -11 264.46 |
Shareholders equity total | 22 852.90 | 21 808.57 | 23 743.37 | 22 879.74 | 11 790.29 |
Balance sheet total (assets) | 56 980.36 | 53 579.14 | 57 534.88 | 54 453.66 | 43 806.83 |
Net debt | 32 637.59 | 30 360.75 | 32 300.66 | 30 199.79 | 30 399.37 |
Profitability | |||||
EBIT-% | 10.8 % | 13.6 % | |||
ROA | 0.7 % | 0.9 % | 11.6 % | 2.1 % | -17.0 % |
ROE | 6.6 % | -5.4 % | 8.2 % | -4.0 % | -65.0 % |
ROI | 0.7 % | 0.9 % | 11.7 % | 2.1 % | -17.2 % |
Economic value added (EVA) | -3 528.00 | -3 617.63 | 2 451.36 | -2 334.52 | -9 938.06 |
Solvency | |||||
Equity ratio | 25.5 % | 26.0 % | 41.3 % | 42.0 % | 26.9 % |
Gearing | 146.2 % | 142.6 % | 139.3 % | 135.2 % | 265.0 % |
Relative net indebtedness % | 1382.0 % | 1309.3 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 0.5 | 0.6 | 0.6 |
Current ratio | 0.6 | 0.6 | 0.5 | 0.6 | 0.6 |
Cash and cash equivalents | 769.39 | 727.56 | 769.91 | 738.95 | 848.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -26.4 % | -24.8 % | |||
Credit risk | |||||
Credit rating | AA | A | BBB |
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