KINGSPAN A/S — Credit Rating and Financial Key Figures

CVR number: 26065267
Mercurvej 12 A, 9530 Støvring
info@kingspan.dk
tel: 70217788
https://www.kingspan.com/dk/da-dk/produkter/sandwichpaneler
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Company information

Official name
KINGSPAN A/S
Personnel
10 persons
Established
2001
Company form
Limited company
Industry

About KINGSPAN A/S

KINGSPAN A/S (CVR number: 26065267) is a company from REBILD. The company reported a net sales of 91.3 mDKK in 2024, demonstrating a growth of 35.1 % compared to the previous year. The operating profit percentage was at 3 % (EBIT: 2.8 mDKK), while net earnings were 2406.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 83 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KINGSPAN A/S's liquidity measured by quick ratio was 6.7 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales91.61104.40142.4267.5591.28
Gross profit8.707.7711.839.2910.08
EBIT1.890.872.981.542.76
Net earnings1.290.582.181.462.41
Shareholders equity total18.9019.6922.0423.5526.04
Balance sheet total (assets)27.9830.2730.3328.6231.42
Net debt-13.72-4.87-5.69-10.36-12.07
Profitability
EBIT-%2.1 %0.8 %2.1 %2.3 %3.0 %
ROA7.2 %3.0 %9.9 %6.6 %10.8 %
ROE7.0 %3.0 %10.5 %6.4 %9.7 %
ROI8.7 %3.8 %12.7 %7.9 %12.6 %
Economic value added (EVA)0.46-0.471.17-0.040.93
Solvency
Equity ratio67.6 %73.5 %72.8 %85.7 %83.0 %
Gearing17.6 %9.8 %14.7 %1.7 %2.4 %
Relative net indebtedness %-8.7 %3.6 %-0.5 %-8.4 %-8.0 %
Liquidity
Quick ratio3.34.23.67.16.7
Current ratio3.32.83.65.56.6
Cash and cash equivalents17.046.808.9410.7512.69
Capital use efficiency
Trade debtors turnover (days)29.756.746.153.032.0
Net working capital %20.4 %18.0 %14.9 %33.9 %27.7 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:10.8%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.0%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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