KT ERHVERVSBYG A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KT ERHVERVSBYG A/S
KT ERHVERVSBYG A/S (CVR number: 31347327) is a company from VEJLE. The company reported a net sales of 932.2 mDKK in 2024, demonstrating a decline of -23.9 % compared to the previous year. The operating profit percentage was at 9.6 % (EBIT: 89.1 mDKK), while net earnings were 70.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 23.9 %, which can be considered excellent and Return on Equity (ROE) was 34.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.9 %, 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. KT ERHVERVSBYG A/S's liquidity measured by quick ratio was 2.3 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 521.54 | 611.20 | 1 041.46 | 1 224.50 | 932.16 |
Gross profit | 70.02 | 81.24 | 125.75 | 179.65 | 156.20 |
EBIT | 43.87 | 45.75 | 78.26 | 121.63 | 89.06 |
Net earnings | 34.74 | 35.07 | 60.00 | 97.72 | 70.17 |
Shareholders equity total | 74.08 | 85.15 | 125.14 | 197.86 | 208.04 |
Balance sheet total (assets) | 169.32 | 207.18 | 312.10 | 373.66 | 400.75 |
Net debt | -18.13 | -18.06 | -65.17 | -75.17 | - 199.49 |
Profitability | |||||
EBIT-% | 8.4 % | 7.5 % | 7.5 % | 9.9 % | 9.6 % |
ROA | 31.3 % | 24.5 % | 30.3 % | 36.9 % | 23.9 % |
ROE | 58.7 % | 44.0 % | 57.1 % | 60.5 % | 34.6 % |
ROI | 68.1 % | 52.6 % | 67.0 % | 70.4 % | 41.1 % |
Economic value added (EVA) | 32.21 | 32.86 | 57.64 | 91.84 | 63.28 |
Solvency | |||||
Equity ratio | 43.8 % | 41.1 % | 40.1 % | 53.0 % | 51.9 % |
Gearing | |||||
Relative net indebtedness % | 13.3 % | 15.6 % | 10.1 % | 6.6 % | -3.3 % |
Liquidity | |||||
Quick ratio | 1.9 | 1.8 | 1.8 | 2.4 | 2.3 |
Current ratio | 1.9 | 1.8 | 1.8 | 2.4 | 2.3 |
Cash and cash equivalents | 18.13 | 18.06 | 65.17 | 75.17 | 199.49 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 41.1 | 47.3 | 63.0 | 35.8 | 71.5 |
Net working capital % | 15.0 % | 14.8 % | 13.2 % | 17.4 % | 24.4 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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