KP Components A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KP Components A/S
KP Components A/S (CVR number: 26753716) is a company from RINGKØBING-SKJERN. The company reported a net sales of 424.1 mDKK in 2023, demonstrating a growth of 0.5 % compared to the previous year. The operating profit percentage was at 5.7 % (EBIT: 24.2 mDKK), while net earnings were 18.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 15.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.4 %, 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. KP Components A/S's liquidity measured by quick ratio was 12.3 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 334.97 | 298.02 | 391.37 | 422.08 | 424.14 |
Gross profit | 146.66 | 117.18 | 161.43 | 164.11 | 157.59 |
EBIT | 15.60 | 0.37 | 17.39 | 11.73 | 24.20 |
Net earnings | 14.33 | -5.98 | 19.62 | 18.12 | 18.41 |
Shareholders equity total | 67.17 | 47.64 | 92.72 | 111.59 | 130.06 |
Balance sheet total (assets) | 295.76 | 248.52 | 302.55 | 323.16 | 355.87 |
Net debt | 35.14 | 81.42 | |||
Profitability | |||||
EBIT-% | 4.7 % | 0.1 % | 4.4 % | 2.8 % | 5.7 % |
ROA | 5.3 % | 0.1 % | 6.3 % | 8.9 % | 11.2 % |
ROE | 21.2 % | -10.4 % | 28.0 % | 17.7 % | 15.2 % |
ROI | 6.3 % | 0.1 % | 6.3 % | 9.0 % | 10.6 % |
Economic value added (EVA) | 11.63 | -3.00 | 15.00 | 4.34 | 15.19 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 50.6 % | 65.4 % |
Gearing | 32.3 % | 62.9 % | |||
Relative net indebtedness % | 23.2 % | 14.1 % | |||
Liquidity | |||||
Quick ratio | 6.3 | 12.3 | |||
Current ratio | 9.3 | 14.8 | |||
Cash and cash equivalents | 0.88 | 0.35 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 5.0 | 3.0 | |||
Net working capital % | 36.1 % | 48.7 % | |||
Credit risk | |||||
Credit rating | A | BBB | A | AAA | AA |
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