K & M EUROPE (DENMARK) ApS — Credit Rating and Financial Key Figures

CVR number: 20124083
Fynsvej 60, 5500 Middelfart
tel: 64411441

Credit rating

Company information

Official name
K & M EUROPE (DENMARK) ApS
Personnel
28 persons
Established
1997
Company form
Private limited company
Industry

About K & M EUROPE (DENMARK) ApS

K & M EUROPE (DENMARK) ApS (CVR number: 20124083) is a company from MIDDELFART. The company recorded a gross profit of 31.5 mDKK in 2023. The operating profit was 4176.2 kDKK, while net earnings were 2104.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 44.2 %, 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 & M EUROPE (DENMARK) 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit24 693.6318 801.8623 446.5425 668.9231 450.90
EBIT1 672.86-1 514.284 933.635 001.744 176.25
Net earnings1 658.46429.393 494.99831.972 104.59
Shareholders equity total17 745.6617 949.9322 446.3829 144.4240 967.38
Balance sheet total (assets)56 595.8750 511.1754 665.7689 881.9092 844.68
Net debt31 320.3321 909.90
Profitability
EBIT-%
ROA3.0 %-2.8 %9.4 %6.9 %4.9 %
ROE9.7 %2.4 %17.3 %3.2 %6.0 %
ROI3.3 %-2.8 %9.4 %8.2 %6.4 %
Economic value added (EVA)1 013.40-2 406.004 031.652 695.702 086.74
Solvency
Equity ratio100.0 %100.0 %100.0 %32.6 %44.2 %
Gearing132.1 %77.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.6
Current ratio1.51.8
Cash and cash equivalents7 170.259 841.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:4.90%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.2%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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