KT EXPRESS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KT EXPRESS ApS
KT EXPRESS ApS (CVR number: 40565647) is a company from KØBENHAVN. The company recorded a gross profit of -42.5 kDKK in 2023. The operating profit was -42.5 kDKK, while net earnings were -44 kDKK. The profitability of the company measured by Return on Assets (ROA) was -71.8 %, which can be considered poor and Return on Equity (ROE) was -93.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -23.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. KT EXPRESS ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 27.01 | -35.99 | -8.97 | -42.47 | |
EBIT | 27.01 | -35.99 | -8.97 | -42.47 | |
Net earnings | 21.07 | -28.12 | -11.25 | -44.01 | |
Shareholders equity total | 40.00 | 61.07 | 32.95 | 21.70 | -22.31 |
Balance sheet total (assets) | 40.00 | 91.26 | 37.18 | 23.69 | 72.15 |
Net debt | -40.00 | -91.26 | -35.19 | -18.53 | 50.33 |
Profitability | |||||
EBIT-% | |||||
ROA | 41.2 % | -56.0 % | -29.5 % | -71.8 % | |
ROE | 41.7 % | -59.8 % | -41.2 % | -93.8 % | |
ROI | 53.4 % | -76.6 % | -32.8 % | -75.8 % | |
Economic value added (EVA) | 21.07 | -26.55 | -6.88 | -33.28 | |
Solvency | |||||
Equity ratio | 100.0 % | 66.9 % | 88.6 % | 91.6 % | -23.6 % |
Gearing | -404.5 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.0 | 8.8 | 11.9 | 0.8 | |
Current ratio | 3.0 | 8.8 | 11.9 | 0.8 | |
Cash and cash equivalents | 40.00 | 91.26 | 35.19 | 18.53 | 39.91 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | B | BB |
Variable visualization
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