KO Auto 2 ApS — Credit Rating and Financial Key Figures

CVR number: 41893117
A.P. Møllers Allé 37, 2791 Dragør

Credit rating

Company information

Official name
KO Auto 2 ApS
Personnel
2 persons
Established
2020
Company form
Private limited company
Industry

About KO Auto 2 ApS

KO Auto 2 ApS (CVR number: 41893117) is a company from DRAGØR. The company recorded a gross profit of 1131.7 kDKK in 2023. The operating profit was 47.8 kDKK, while net earnings were 32.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35.9 %, 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. KO Auto 2 ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit1 051.111 263.471 131.71
EBIT232.09211.4947.77
Net earnings176.52158.9832.43
Shareholders equity total216.52386.67419.11
Balance sheet total (assets)940.011 048.991 166.05
Net debt- 624.12- 655.14- 757.74
Profitability
EBIT-%
ROA24.7 %21.3 %4.4 %
ROE81.5 %52.7 %8.1 %
ROI97.7 %65.6 %11.6 %
Economic value added (EVA)183.98185.0150.25
Solvency
Equity ratio23.0 %36.9 %35.9 %
Gearing0.1 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.41.3
Current ratio1.01.41.3
Cash and cash equivalents624.31655.34757.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:4.42%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.9%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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