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Kier Footwear ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kier Footwear ApS
Kier Footwear ApS (CVR number: 42914177) is a company from AARHUS. The company recorded a gross profit of 749.3 kDKK in 2025. The operating profit was -64.3 kDKK, while net earnings were -56.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.7 %, which can be considered poor and Return on Equity (ROE) was -12.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.8 %, 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. Kier Footwear ApS's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | 659.16 | 1 094.99 | 881.24 | 749.35 |
| EBIT | 217.92 | 252.23 | 111.66 | -64.33 |
| Net earnings | 166.71 | 191.05 | 80.75 | -56.38 |
| Shareholders equity total | 206.71 | 397.76 | 478.51 | 422.13 |
| Balance sheet total (assets) | 437.05 | 775.23 | 814.84 | 784.67 |
| Net debt | - 195.63 | - 575.77 | - 727.70 | - 445.04 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 49.9 % | 41.6 % | 14.3 % | -7.7 % |
| ROE | 80.6 % | 63.2 % | 18.4 % | -12.5 % |
| ROI | 77.0 % | 64.4 % | 22.1 % | -9.9 % |
| Economic value added (EVA) | 167.04 | 178.77 | 58.51 | -78.95 |
| Solvency | ||||
| Equity ratio | 47.3 % | 51.3 % | 58.7 % | 53.8 % |
| Gearing | 37.0 % | 25.8 % | 10.8 % | 69.9 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 2.4 | 2.4 | 2.6 | 2.2 |
| Current ratio | 2.4 | 2.4 | 2.6 | 2.2 |
| Cash and cash equivalents | 272.05 | 678.48 | 779.51 | 740.14 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BBB | BBB | BBB |
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