Credit rating
Company information
About K III DENMARK K/S
K III DENMARK K/S (CVR number: 32074472K) is a company from FURESØ. The company recorded a gross profit of -15.1 kEUR in 2021. The operating profit was 11.2 mEUR, while net earnings were 5612.8 kEUR. The profitability of the company measured by Return on Assets (ROA) was 181.3 %, which can be considered excellent and Return on Equity (ROE) was 60.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 98.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K III DENMARK K/S's liquidity measured by quick ratio was 28.2 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 (kEUR)
EBIT (kEUR)
Profitability
Solidity
Key figures (kEUR)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 213.31 | - 144.29 | -23.81 | -19.04 | -15.07 |
EBIT | 2 741.94 | - 144.29 | -23.81 | -10.39 | 11 249.03 |
Net earnings | 3 176.35 | - 827.74 | - 209.98 | -10.60 | 5 612.84 |
Shareholders equity total | 18 301.96 | 11 074.57 | 10 864.59 | 10 853.99 | 7 597.71 |
Balance sheet total (assets) | 18 411.72 | 11 273.80 | 10 877.57 | 10 939.97 | 7 683.69 |
Net debt | - 809.31 | - 639.87 | - 157.18 | - 220.80 | - 234.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.0 % | 6.5 % | 8.3 % | -0.0 % | 181.3 % |
ROE | 19.1 % | -5.6 % | -1.9 % | -0.1 % | 60.8 % |
ROI | 19.1 % | -5.6 % | -1.8 % | -0.1 % | 60.9 % |
Economic value added (EVA) | 2 436.20 | - 484.07 | - 487.22 | - 310.51 | 10 999.76 |
Solvency | |||||
Equity ratio | 99.4 % | 98.2 % | 99.9 % | 99.2 % | 98.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.4 | 8.0 | 12.1 | 2.6 | 28.2 |
Current ratio | 7.4 | 8.0 | 12.1 | 2.6 | 28.2 |
Cash and cash equivalents | 809.31 | 639.87 | 157.18 | 220.80 | 234.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BB | BBB | BB | BBB |
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