KØRESKOLEN DOWN TOWN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KØRESKOLEN DOWN TOWN ApS
KØRESKOLEN DOWN TOWN ApS (CVR number: 16999679) is a company from SILKEBORG. The company recorded a gross profit of 921.4 kDKK in 2023. The operating profit was -67.6 kDKK, while net earnings were -56.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -7.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43 %, 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. KØRESKOLEN DOWN TOWN ApS's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 840.60 | 1 198.83 | 661.84 | 728.81 | 921.41 |
EBIT | 156.95 | 96.54 | 41.46 | 103.36 | -67.59 |
Net earnings | 82.66 | 62.39 | 20.64 | 44.14 | -56.38 |
Shareholders equity total | 729.78 | 732.18 | 752.82 | 796.96 | 740.58 |
Balance sheet total (assets) | 1 788.78 | 1 690.00 | 1 523.45 | 1 480.04 | 1 722.71 |
Net debt | 57.82 | - 198.30 | - 304.29 | 18.56 | - 280.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.5 % | 5.7 % | 2.8 % | 7.9 % | -3.2 % |
ROE | 11.6 % | 8.5 % | 2.8 % | 5.7 % | -7.3 % |
ROI | 11.5 % | 8.0 % | 3.9 % | 9.6 % | -4.0 % |
Economic value added (EVA) | 77.82 | 47.37 | 17.93 | 72.77 | -78.61 |
Solvency | |||||
Equity ratio | 40.8 % | 43.3 % | 49.4 % | 53.8 % | 43.0 % |
Gearing | 35.8 % | 40.7 % | 40.3 % | 40.1 % | 41.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.0 | 1.3 | 1.5 | 1.7 |
Current ratio | 1.1 | 1.0 | 1.3 | 1.5 | 1.7 |
Cash and cash equivalents | 203.54 | 496.46 | 607.61 | 301.23 | 587.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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