KK RENTAL A/S — Credit Rating and Financial Key Figures

CVR number: 73642019
Mågevej 12, 7600 Struer
tel: 74308600

Company information

Official name
KK RENTAL A/S
Personnel
1 person
Established
1984
Company form
Limited company
Industry

About KK RENTAL A/S

KK RENTAL A/S (CVR number: 73642019) is a company from STRUER. The company recorded a gross profit of 1697.6 kDKK in 2023. The operating profit was 1212.6 kDKK, while net earnings were 748.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent and Return on Equity (ROE) was 7.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 56.7 %, 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. KK RENTAL A/S's liquidity measured by quick ratio was 0.5 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 profit1 201.711 534.961 489.571 263.001 697.62
EBIT654.93941.21329.78736.021 212.60
Net earnings389.89623.798.31403.24748.77
Shareholders equity total8 277.048 900.838 909.149 312.3810 061.15
Balance sheet total (assets)19 520.1722 402.1318 776.6818 403.0517 736.46
Net debt7 636.329 074.056 920.225 858.864 773.70
Profitability
EBIT-%
ROA3.6 %4.6 %1.7 %4.0 %6.7 %
ROE4.6 %7.3 %0.1 %4.4 %7.7 %
ROI3.6 %4.7 %1.7 %4.1 %7.0 %
Economic value added (EVA)-74.2698.66- 372.03-91.16307.73
Solvency
Equity ratio42.4 %39.7 %47.4 %50.6 %56.7 %
Gearing107.2 %123.2 %82.5 %71.4 %51.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.40.30.40.5
Current ratio0.40.40.30.40.5
Cash and cash equivalents1 234.351 895.42432.94794.50440.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:6.72%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.7%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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