KK Wind Solutions Holding A/S — Credit Rating and Financial Key Figures

CVR number: 39067048
Bøgildvej 3, 7430 Ikast

Credit rating

Company information

Official name
KK Wind Solutions Holding A/S
Personnel
3 persons
Established
2017
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About KK Wind Solutions Holding A/S

KK Wind Solutions Holding A/S (CVR number: 39067048K) is a company from IKAST-BRANDE. The company reported a net sales of 5486.1 mDKK in 2023, demonstrating a growth of 112.5 % compared to the previous year. The operating profit percentage was poor at -0 % (EBIT: -0.9 mDKK), while net earnings were -163.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -9.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KK Wind Solutions Holding A/S'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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales671.552 579.692 550.152 581.245 486.05
Gross profit90.93463.83492.08381.44817.87
EBIT-85.73114.8293.33-95.19-0.90
Net earnings-74.1934.8028.31- 142.54- 163.82
Shareholders equity total1 396.531 419.661 444.801 291.842 071.20
Balance sheet total (assets)3 354.853 769.883 886.735 291.597 040.86
Net debt976.831 010.921 164.672 633.552 042.45
Profitability
EBIT-%-12.8 %4.5 %3.7 %-3.7 %-0.0 %
ROA-5.1 %3.2 %2.6 %-2.0 %1.1 %
ROE-10.6 %2.5 %2.0 %-10.4 %-9.7 %
ROI-6.1 %3.9 %3.1 %-2.3 %1.4 %
Economic value added (EVA)-64.68-37.11-55.98- 212.56- 142.50
Solvency
Equity ratio41.6 %37.7 %37.2 %24.4 %29.4 %
Gearing79.2 %88.3 %100.7 %219.4 %128.5 %
Relative net indebtedness %225.6 %68.4 %71.8 %135.0 %73.0 %
Liquidity
Quick ratio1.11.11.01.00.8
Current ratio1.71.61.51.31.5
Cash and cash equivalents129.88241.94290.87201.33619.88
Capital use efficiency
Trade debtors turnover (days)189.358.939.358.244.7
Net working capital %55.2 %15.7 %13.9 %21.0 %16.6 %
Credit risk
Credit ratingBBBAAAAAAAA

Variable visualization

ROA:1.07%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.4%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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