K/S HIGH STREET. KENT — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S HIGH STREET. KENT
K/S HIGH STREET. KENT (CVR number: 24250865) is a company from KØBENHAVN. The company reported a net sales of 3.4 mDKK in 2023, demonstrating a decline of -2.2 % compared to the previous year. The operating profit percentage was at 129.8 % (EBIT: 4.4 mDKK), while net earnings were 3834.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good and Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 89.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K/S HIGH STREET. KENT's liquidity measured by quick ratio was 1.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 260.02 | 3 415.49 | 3 426.28 | 3 496.01 | 3 419.10 |
Gross profit | 3 095.80 | 3 111.17 | 3 271.93 | 3 312.47 | 3 239.18 |
EBIT | 5 395.80 | 2 211.17 | 6 171.93 | 10 212.47 | 4 439.18 |
Net earnings | 4 456.84 | 2 230.98 | 5 343.63 | 10 060.17 | 3 834.25 |
Shareholders equity total | 32 717.65 | 33 129.60 | 36 764.23 | 44 576.57 | 46 139.90 |
Balance sheet total (assets) | 41 409.76 | 40 323.16 | 43 747.35 | 50 630.98 | 51 792.49 |
Net debt | 6 248.19 | 5 581.01 | 5 027.59 | 3 858.46 | 3 557.91 |
Profitability | |||||
EBIT-% | 165.5 % | 64.7 % | 180.1 % | 292.1 % | 129.8 % |
ROA | 13.4 % | 6.5 % | 14.7 % | 22.3 % | 8.8 % |
ROE | 14.1 % | 6.8 % | 15.3 % | 24.7 % | 8.5 % |
ROI | 13.9 % | 6.6 % | 15.0 % | 22.7 % | 8.9 % |
Economic value added (EVA) | 3 573.54 | 279.56 | 4 255.53 | 8 145.38 | 2 030.26 |
Solvency | |||||
Equity ratio | 79.0 % | 82.2 % | 84.0 % | 88.0 % | 89.1 % |
Gearing | 22.5 % | 19.2 % | 16.9 % | 11.9 % | 10.7 % |
Relative net indebtedness % | 232.6 % | 187.4 % | 169.2 % | 132.2 % | 124.6 % |
Liquidity | |||||
Quick ratio | 0.6 | 0.7 | 1.0 | 1.1 | 1.2 |
Current ratio | 0.6 | 0.7 | 1.0 | 1.1 | 1.2 |
Cash and cash equivalents | 1 109.75 | 793.81 | 1 186.82 | 1 430.97 | 1 392.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -23.0 % | -13.7 % | 0.7 % | 4.9 % | 6.6 % |
Credit risk | |||||
Credit rating | AAA | AA | AAA | AA | AA |
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