KOED HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 24227928
Søndergade 45 A, 8700 Horsens

Company information

Official name
KOED HOLDING ApS
Personnel
2 persons
Established
1999
Company form
Private limited company
Industry

About KOED HOLDING ApS

KOED HOLDING ApS (CVR number: 24227928) is a company from HORSENS. The company recorded a gross profit of 229.8 kDKK in 2023. The operating profit was -209.2 kDKK, while net earnings were 533.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 82 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KOED HOLDING ApS's liquidity measured by quick ratio was 43.8 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit268.65310.83395.35378.40229.81
EBIT- 159.21-90.85-50.95-50.90- 209.23
Net earnings1 581.06-5 341.365 044.16686.94533.14
Shareholders equity total23 373.7517 977.0922 021.2522 208.1922 623.53
Balance sheet total (assets)43 374.1522 930.1226 939.5127 088.9027 599.33
Net debt-16 928.51151.32-1 427.91-1 808.54-2 797.89
Profitability
EBIT-%
ROA7.8 %1.7 %20.4 %8.6 %2.6 %
ROE7.0 %-25.8 %25.2 %3.1 %2.4 %
ROI8.0 %1.7 %20.7 %8.7 %2.6 %
Economic value added (EVA)213.43316.42- 928.71- 818.55- 865.90
Solvency
Equity ratio53.9 %78.4 %81.7 %82.0 %82.0 %
Gearing79.8 %25.9 %21.1 %20.9 %20.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.451.654.856.243.8
Current ratio2.451.654.856.243.8
Cash and cash equivalents35 583.634 500.996 063.846 442.267 431.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:2.60%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.0%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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