K & G HANDELSINVEST ApS — Credit Rating and Financial Key Figures

CVR number: 13469474
Romerparken 42, Tved 6000 Kolding
gsgs@stofanet.dk
tel: 24760131

Company information

Official name
K & G HANDELSINVEST ApS
Established
1989
Domicile
Tved
Company form
Private limited company
Industry

About K & G HANDELSINVEST ApS

K & G HANDELSINVEST ApS (CVR number: 13469474) is a company from KOLDING. The company recorded a gross profit of 1069.1 kDKK in 2023. The operating profit was 1045.4 kDKK, while net earnings were 884.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.6 %, which can be considered excellent and Return on Equity (ROE) was 46.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.5 %, 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. K & G HANDELSINVEST ApS's liquidity measured by quick ratio was 4.1 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 profit153.00162.02143.99156.841 069.10
EBIT135.63140.96120.28133.131 045.39
Net earnings80.07120.9563.1570.48884.54
Shareholders equity total1 161.221 333.751 437.821 545.982 260.85
Balance sheet total (assets)3 672.663 707.383 665.603 665.253 163.07
Net debt2 193.202 043.991 920.111 767.06- 745.25
Profitability
EBIT-%
ROA3.6 %3.8 %3.3 %3.6 %30.6 %
ROE7.3 %9.7 %4.6 %4.7 %46.5 %
ROI4.0 %4.1 %3.6 %4.0 %33.5 %
Economic value added (EVA)-52.13-3.97-75.40-63.12758.11
Solvency
Equity ratio31.6 %36.0 %39.2 %42.2 %71.5 %
Gearing190.8 %155.6 %134.2 %116.4 %28.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.14.1
Current ratio0.10.10.10.14.1
Cash and cash equivalents22.1931.839.0532.661 383.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:30.6%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.5%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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