KGA Service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KGA Service ApS
KGA Service ApS (CVR number: 39870509) is a company from AALBORG. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -100 % compared to the previous year. The operating profit percentage was poor at -38.6 % (EBIT: -0 mDKK), while net earnings were -33.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -46.1 %, which can be considered poor and Return on Equity (ROE) was -73.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.2 %, 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. KGA Service ApS's liquidity measured by quick ratio was 0.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 278.63 | 191.92 | 67.44 | 10 831 568.22 | 112.57 |
Gross profit | 138.62 | 64.60 | -1.36 | -7.70 | -29.70 |
EBIT | 35.82 | 61.80 | -4.16 | -10.50 | -43.50 |
Net earnings | 27.89 | 48.04 | -4.60 | -8.39 | -33.92 |
Shareholders equity total | 27.89 | 75.93 | 71.33 | 62.94 | 29.02 |
Balance sheet total (assets) | 59.76 | 87.90 | 76.94 | 85.81 | 102.84 |
Net debt | 27.44 | -49.50 | -13.29 | 22.87 | 16.74 |
Profitability | |||||
EBIT-% | 12.9 % | 32.2 % | -6.2 % | -0.0 % | -38.6 % |
ROA | 59.9 % | 83.7 % | -5.0 % | -12.9 % | -46.1 % |
ROE | 100.0 % | 92.5 % | -6.2 % | -12.5 % | -73.8 % |
ROI | 64.1 % | 93.8 % | -5.5 % | -13.0 % | -50.4 % |
Economic value added (EVA) | 27.94 | 46.83 | -5.49 | -10.87 | -37.10 |
Solvency | |||||
Equity ratio | 46.7 % | 86.4 % | 92.7 % | 73.3 % | 28.2 % |
Gearing | 100.4 % | 6.4 % | 36.3 % | 198.9 % | |
Relative net indebtedness % | 11.2 % | -19.6 % | -18.2 % | 0.0 % | 29.2 % |
Liquidity | |||||
Quick ratio | 0.0 | 5.8 | 3.6 | 0.1 | 0.6 |
Current ratio | 1.5 | 6.6 | 12.5 | 3.6 | 0.8 |
Cash and cash equivalents | 0.56 | 49.50 | 17.88 | 40.98 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 5.6 % | 34.7 % | 96.0 % | 0.0 % | -14.2 % |
Credit risk | |||||
Credit rating | BB | BB | BB | B | BB |
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