K/S HIGH STREET. KENT — Credit Rating and Financial Key Figures

CVR number: 24250865
Vesterbrogade 33, 1620 København V

Company information

Official name
K/S HIGH STREET. KENT
Established
1992
Company form
Limited partnership
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales3 260.023 415.493 426.283 496.013 419.10
Gross profit3 095.803 111.173 271.933 312.473 239.18
EBIT5 395.802 211.176 171.9310 212.474 439.18
Net earnings4 456.842 230.985 343.6310 060.173 834.25
Shareholders equity total32 717.6533 129.6036 764.2344 576.5746 139.90
Balance sheet total (assets)41 409.7640 323.1643 747.3550 630.9851 792.49
Net debt6 248.195 581.015 027.593 858.463 557.91
Profitability
EBIT-%165.5 %64.7 %180.1 %292.1 %129.8 %
ROA13.4 %6.5 %14.7 %22.3 %8.8 %
ROE14.1 %6.8 %15.3 %24.7 %8.5 %
ROI13.9 %6.6 %15.0 %22.7 %8.9 %
Economic value added (EVA)3 573.54279.564 255.538 145.382 030.26
Solvency
Equity ratio79.0 %82.2 %84.0 %88.0 %89.1 %
Gearing22.5 %19.2 %16.9 %11.9 %10.7 %
Relative net indebtedness %232.6 %187.4 %169.2 %132.2 %124.6 %
Liquidity
Quick ratio0.60.71.01.11.2
Current ratio0.60.71.01.11.2
Cash and cash equivalents1 109.75793.811 186.821 430.971 392.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-23.0 %-13.7 %0.7 %4.9 %6.6 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:8.75%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.1%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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