K III DENMARK K/S — Credit Rating and Financial Key Figures

CVR number: 32074472
Hørmarken 2, 3520 Farum

Credit rating

Company information

Official name
K III DENMARK K/S
Established
2009
Company form
Limited partnership
Industry

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 financials

Gross profit (kEUR)

EBIT (kEUR)

Profitability

Solidity

Key figures (kEUR)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit- 213.31- 144.29-23.81-19.04-15.07
EBIT2 741.94- 144.29-23.81-10.3911 249.03
Net earnings3 176.35- 827.74- 209.98-10.605 612.84
Shareholders equity total18 301.9611 074.5710 864.5910 853.997 597.71
Balance sheet total (assets)18 411.7211 273.8010 877.5710 939.977 683.69
Net debt- 809.31- 639.87- 157.18- 220.80- 234.97
Profitability
EBIT-%
ROA19.0 %6.5 %8.3 %-0.0 %181.3 %
ROE19.1 %-5.6 %-1.9 %-0.1 %60.8 %
ROI19.1 %-5.6 %-1.8 %-0.1 %60.9 %
Economic value added (EVA)2 436.20- 484.07- 487.22- 310.5110 999.76
Solvency
Equity ratio99.4 %98.2 %99.9 %99.2 %98.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio7.48.012.12.628.2
Current ratio7.48.012.12.628.2
Cash and cash equivalents809.31639.87157.18220.80234.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:181.3%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.9%
Rating: 83/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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