KIS 2 ApS — Credit Rating and Financial Key Figures

CVR number: 29138419
Flade Klit 19, Flade 7900 Nykøbing M

Company information

Official name
KIS 2 ApS
Established
2005
Domicile
Flade
Company form
Private limited company
Industry

About KIS 2 ApS

KIS 2 ApS (CVR number: 29138419) is a company from MORSØ. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit percentage was poor at -303.6 % (EBIT: -0 mDKK), while net earnings were 372.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.2 %, which can be considered excellent and Return on Equity (ROE) was 20.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KIS 2 ApS's liquidity measured by quick ratio was 4.5 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales10.0010.0010.0010.0010.00
Gross profit-3.47-2.45-3.83-6.92-5.00
EBIT-29.82-28.81-30.18-33.27-30.36
Net earnings94.69-45.30144.8376.22372.75
Shareholders equity total1 891.221 735.321 767.151 728.971 983.92
Balance sheet total (assets)1 896.941 767.901 875.022 092.792 504.35
Net debt-1 644.31-1 561.65-1 667.95-1 501.47-1 856.27
Profitability
EBIT-%-298.2 %-288.1 %-301.8 %-332.7 %-303.6 %
ROA6.4 %-1.2 %10.2 %5.0 %21.2 %
ROE5.0 %-2.5 %8.3 %4.4 %20.1 %
ROI6.4 %-1.2 %10.3 %5.0 %21.7 %
Economic value added (EVA)- 118.93- 117.46- 112.08- 119.60- 128.07
Solvency
Equity ratio99.7 %98.2 %94.2 %82.6 %79.2 %
Gearing1.5 %4.5 %19.4 %21.1 %
Relative net indebtedness %-16385.8 %-15556.8 %-16581.1 %-14880.4 %-17646.8 %
Liquidity
Quick ratio299.849.619.45.34.5
Current ratio299.849.619.45.34.5
Cash and cash equivalents1 644.311 588.271 748.311 837.432 274.35
Capital use efficiency
Trade debtors turnover (days)456.3
Net working capital %11727.9 %10790.0 %-620.6 %-3087.4 %-4865.9 %
Credit risk
Credit ratingABBBABBBA

Variable visualization

ROA:21.2%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:79.2%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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