Kubb&co A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kubb&co A/S
Kubb&co A/S (CVR number: 40621067) is a company from KØBENHAVN. The company recorded a gross profit of 11 mDKK in 2023. The operating profit was -3302 kDKK, while net earnings were -2584.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -32.9 %, which can be considered poor and Return on Equity (ROE) was -88.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Kubb&co A/S's liquidity measured by quick ratio was 2.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 7 770.13 | 12 870.74 | 17 292.72 | 18 223.98 | 10 988.75 |
EBIT | 773.79 | 2 065.73 | 50.52 | -3.40 | -3 302.03 |
Net earnings | 593.06 | 1 590.73 | -89.28 | -39.95 | -2 584.46 |
Shareholders equity total | 2 861.42 | 4 452.15 | 4 249.87 | 4 209.92 | 1 625.45 |
Balance sheet total (assets) | 4 790.56 | 14 063.58 | 10 585.78 | 9 252.47 | 10 252.08 |
Net debt | -1 817.71 | -6 775.74 | -2 201.02 | - 246.87 | -2 015.12 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.2 % | 21.9 % | 0.6 % | 1.3 % | -32.9 % |
ROE | 20.7 % | 43.5 % | -2.1 % | -0.9 % | -88.6 % |
ROI | 25.9 % | 53.6 % | 1.5 % | 2.8 % | -101.7 % |
Economic value added (EVA) | 599.99 | 1 552.43 | 180.91 | -77.44 | -2 764.00 |
Solvency | |||||
Equity ratio | 59.7 % | 40.3 % | 40.1 % | 51.0 % | 35.1 % |
Gearing | 0.3 % | 3.9 % | 3.7 % | 4.0 % | 10.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.2 | 2.0 | 1.3 | 1.8 | 2.9 |
Current ratio | 2.2 | 1.4 | 1.3 | 1.5 | 1.0 |
Cash and cash equivalents | 1 827.45 | 6 947.65 | 2 358.47 | 415.53 | 2 181.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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