KOLDING RETAIL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KOLDING RETAIL A/S
KOLDING RETAIL A/S (CVR number: 30699718) is a company from AARHUS. The company reported a net sales of 5.3 mDKK in 2024, demonstrating a decline of -2.5 % compared to the previous year. The operating profit percentage was poor at -17 % (EBIT: -0.9 mDKK), while net earnings were -812.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.2 %, which can be considered poor and Return on Equity (ROE) was -2.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.7 %, 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. KOLDING RETAIL A/S's liquidity measured by quick ratio was 3.1 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 652.53 | 4 973.96 | 5 150.87 | 5 386.18 | 5 251.66 |
Gross profit | 4 518.68 | 4 805.96 | 2 010.30 | 2 168.78 | - 893.49 |
EBIT | 4 518.68 | 4 805.96 | 2 010.30 | 2 168.78 | - 893.49 |
Net earnings | 3 167.83 | 3 492.85 | 1 327.88 | 1 521.67 | - 812.79 |
Shareholders equity total | 29 812.14 | 30 804.99 | 29 532.87 | 31 054.53 | 30 241.75 |
Balance sheet total (assets) | 71 035.61 | 70 892.40 | 67 964.95 | 67 734.62 | 64 769.65 |
Net debt | 23 259.66 | 22 654.99 | 21 460.24 | 17 302.59 | 16 712.63 |
Profitability | |||||
EBIT-% | 97.1 % | 96.6 % | 39.0 % | 40.3 % | -17.0 % |
ROA | 6.4 % | 6.8 % | 2.9 % | 3.3 % | -1.2 % |
ROE | 10.9 % | 11.5 % | 4.4 % | 5.0 % | -2.7 % |
ROI | 6.5 % | 6.9 % | 2.9 % | 3.3 % | -1.2 % |
Economic value added (EVA) | 945.95 | 1 150.49 | -1 051.26 | - 803.42 | -3 058.19 |
Solvency | |||||
Equity ratio | 42.0 % | 43.5 % | 43.5 % | 45.8 % | 46.7 % |
Gearing | 87.2 % | 80.0 % | 78.9 % | 70.6 % | 68.0 % |
Relative net indebtedness % | 523.7 % | 477.3 % | 439.9 % | 343.8 % | 342.6 % |
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 1.2 | 2.2 | 3.1 |
Current ratio | 1.2 | 1.2 | 1.2 | 2.2 | 3.1 |
Cash and cash equivalents | 2 741.97 | 1 985.06 | 1 828.94 | 4 629.80 | 3 857.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 0.8 | 0.4 | 203.9 | ||
Net working capital % | 12.1 % | 9.1 % | 8.0 % | 58.6 % | 99.5 % |
Credit risk | |||||
Credit rating | AA | AAA | AA | AA | BBB |
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