Kubb&co A/S — Credit Rating and Financial Key Figures

CVR number: 40621067
Skelbækgade 2, 1717 København V
info@kubbco.com
tel: 61129099
www.kubbco.com

Credit rating

Company information

Official name
Kubb&co A/S
Personnel
23 persons
Established
2019
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit7 770.1312 870.7417 292.7218 223.9810 988.75
EBIT773.792 065.7350.52-3.40-3 302.03
Net earnings593.061 590.73-89.28-39.95-2 584.46
Shareholders equity total2 861.424 452.154 249.874 209.921 625.45
Balance sheet total (assets)4 790.5614 063.5810 585.789 252.4710 252.08
Net debt-1 817.71-6 775.74-2 201.02- 246.87-2 015.12
Profitability
EBIT-%
ROA16.2 %21.9 %0.6 %1.3 %-32.9 %
ROE20.7 %43.5 %-2.1 %-0.9 %-88.6 %
ROI25.9 %53.6 %1.5 %2.8 %-101.7 %
Economic value added (EVA)599.991 552.43180.91-77.44-2 764.00
Solvency
Equity ratio59.7 %40.3 %40.1 %51.0 %35.1 %
Gearing0.3 %3.9 %3.7 %4.0 %10.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.22.01.31.82.9
Current ratio2.21.41.31.51.0
Cash and cash equivalents1 827.456 947.652 358.47415.532 181.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-32.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.1%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chief executive officer

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