K/S UNION STREET — Credit Rating and Financial Key Figures

CVR number: 28502044
Bornholmsgade 3, 1266 København K
info@nectaram.com
tel: 70228881

Company information

Official name
K/S UNION STREET
Established
2005
Company form
Limited partnership
Industry

About K/S UNION STREET

K/S UNION STREET (CVR number: 28502044) is a company from KØBENHAVN. The company recorded a gross profit of 1483.3 kDKK in 2023. The operating profit was 1291 kDKK, while net earnings were 62.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 49.9 %, 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. K/S UNION STREET's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 287.951 426.721 514.401 530.141 483.29
EBIT2 672.6278.493 025.88479.531 291.03
Net earnings1 283.26239.431 630.66457.5762.34
Shareholders equity total9 198.919 238.3410 669.0010 826.5810 888.91
Balance sheet total (assets)22 903.9421 629.8523 190.1922 281.6521 822.62
Net debt12 848.8011 502.6211 460.4810 163.839 971.20
Profitability
EBIT-%
ROA8.5 %4.0 %13.6 %4.9 %5.9 %
ROE14.0 %2.6 %16.4 %4.3 %0.6 %
ROI8.7 %4.1 %14.1 %5.1 %6.1 %
Economic value added (EVA)1 407.61-1 247.471 753.53- 861.64-7.22
Solvency
Equity ratio40.2 %42.7 %46.0 %48.6 %49.9 %
Gearing142.8 %126.4 %111.0 %98.8 %94.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.40.40.3
Current ratio0.30.30.40.40.3
Cash and cash equivalents283.85176.52383.66534.79285.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.90%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.9%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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