KeyHomes Development ApS — Credit Rating and Financial Key Figures

CVR number: 38335502
Strandgade 81, 1401 København K
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Company information

Official name
KeyHomes Development ApS
Established
2017
Company form
Private limited company
Industry

About KeyHomes Development ApS

KeyHomes Development ApS (CVR number: 38335502) is a company from KØBENHAVN. The company recorded a gross profit of -114.1 kDKK in 2023. The operating profit was -114.1 kDKK, while net earnings were -88.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -157.1 %, which can be considered poor and Return on Equity (ROE) was -137.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KeyHomes Development ApS's liquidity measured by quick ratio was 3.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-62.80-9.50-9.10-13.19- 114.15
EBIT-62.80-9.50-9.10-13.19- 114.15
Net earnings-48.98-17.88-10.21-10.35-88.85
Shareholders equity total147.49129.61119.40109.0520.20
Balance sheet total (assets)207.02147.61126.90115.3029.44
Net debt- 130.47- 145.53- 122.81-83.682.92
Profitability
EBIT-%
ROA-27.1 %-5.3 %-6.6 %-10.6 %-157.1 %
ROE-28.5 %-12.9 %-8.2 %-9.1 %-137.5 %
ROI-36.5 %-6.8 %-7.3 %-11.2 %-171.9 %
Economic value added (EVA)-49.15-7.60-9.13-10.42-90.49
Solvency
Equity ratio71.2 %87.8 %94.1 %94.6 %68.6 %
Gearing14.8 %
Relative net indebtedness %
Liquidity
Quick ratio3.58.216.918.43.2
Current ratio3.58.216.918.43.2
Cash and cash equivalents130.47145.53122.8183.680.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-157.1%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.6%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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