KUBEN MANAGEMENT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KUBEN MANAGEMENT A/S
KUBEN MANAGEMENT A/S (CVR number: 28693036) is a company from KØBENHAVN. The company reported a net sales of 197.3 mDKK in 2024, demonstrating a growth of 8.1 % compared to the previous year. The operating profit percentage was at 2.8 % (EBIT: 5.5 mDKK), while net earnings were 3739 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 10.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 44.4 %, 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. KUBEN MANAGEMENT A/S's liquidity measured by quick ratio was 2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 143.61 | 149.00 | 172.48 | 182.54 | 197.33 |
Gross profit | 107.48 | 110.12 | 102.89 | 104.51 | 103.03 |
EBIT | 6.11 | 7.39 | 3.17 | 5.97 | 5.48 |
Net earnings | 4.39 | 5.66 | 2.34 | 4.50 | 3.74 |
Shareholders equity total | 42.10 | 47.76 | 30.11 | 34.61 | 38.35 |
Balance sheet total (assets) | 98.44 | 118.50 | 90.80 | 108.27 | 86.34 |
Net debt | 1.32 | 4.91 | 4.13 | 33.56 | 9.21 |
Profitability | |||||
EBIT-% | 4.3 % | 5.0 % | 1.8 % | 3.3 % | 2.8 % |
ROA | 6.1 % | 6.9 % | 3.1 % | 6.2 % | 5.8 % |
ROE | 11.3 % | 12.6 % | 6.0 % | 13.9 % | 10.2 % |
ROI | 10.1 % | 13.1 % | 6.0 % | 10.7 % | 9.7 % |
Economic value added (EVA) | 3.04 | 3.61 | 0.07 | 3.30 | 2.49 |
Solvency | |||||
Equity ratio | 42.8 % | 40.3 % | 33.2 % | 32.0 % | 44.4 % |
Gearing | 3.5 % | 10.4 % | 27.5 % | 97.2 % | 24.0 % |
Relative net indebtedness % | 38.6 % | 47.4 % | 32.8 % | 40.3 % | 24.3 % |
Liquidity | |||||
Quick ratio | 1.9 | 1.7 | 1.6 | 1.5 | 2.0 |
Current ratio | 1.9 | 1.7 | 1.6 | 1.5 | 2.0 |
Cash and cash equivalents | 0.13 | 0.08 | 4.14 | 0.07 | 0.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 107.8 | 82.1 | 68.6 | 62.8 | 52.0 |
Net working capital % | 28.6 % | 31.3 % | 17.4 % | 19.7 % | 20.8 % |
Credit risk | |||||
Credit rating | A | AA | A | AA | AA |
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