Kin AI ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kin AI ApS
Kin AI ApS (CVR number: 43118420) is a company from KØBENHAVN. The company recorded a gross profit of -46.2 kDKK in 2023. The operating profit was -1315.7 kDKK, while net earnings were -988.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.3 %, which can be considered poor and Return on Equity (ROE) was -20.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Kin AI ApS's liquidity measured by quick ratio was 19.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | ||
Gross profit | 242.27 | -46.25 |
EBIT | - 499.03 | -1 315.72 |
Net earnings | - 322.22 | - 988.19 |
Shareholders equity total | - 272.22 | 7 560.42 |
Balance sheet total (assets) | 2 012.42 | 9 979.52 |
Net debt | - 420.04 | -3 556.07 |
Profitability | ||
EBIT-% | ||
ROA | -21.8 % | -21.3 % |
ROE | -16.0 % | -20.6 % |
ROI | -850.4 % | -26.8 % |
Economic value added (EVA) | - 321.53 | - 896.94 |
Solvency | ||
Equity ratio | -11.9 % | 75.8 % |
Gearing | 13.3 % | |
Relative net indebtedness % | ||
Liquidity | ||
Quick ratio | 1.9 | 19.3 |
Current ratio | 1.9 | 19.3 |
Cash and cash equivalents | 420.04 | 4 561.21 |
Capital use efficiency | ||
Trade debtors turnover (days) | ||
Net working capital % | ||
Credit risk | ||
Credit rating | B | BBB |
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