KINGO KARLSEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KINGO KARLSEN HOLDING ApS
KINGO KARLSEN HOLDING ApS (CVR number: 28659032) is a company from SILKEBORG. The company recorded a gross profit of 1011 kDKK in 2023. The operating profit was -1113 kDKK, while net earnings were 10.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good and Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 72.1 %, 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. KINGO KARLSEN HOLDING ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -36.00 | 753.00 | 2 211.00 | 1 871.00 | 1 011.00 |
EBIT | -36.00 | -70.00 | - 294.00 | - 466.00 | -1 113.00 |
Net earnings | 8 186.00 | -21 734.00 | 14 039.00 | 15 441.00 | 10 428.00 |
Shareholders equity total | 72 465.00 | 49 732.00 | 63 658.00 | 77 985.00 | 87 295.00 |
Balance sheet total (assets) | 89 654.00 | 75 207.00 | 99 661.00 | 105 385.00 | 121 065.00 |
Net debt | 15 571.00 | 13 123.00 | 25 913.00 | 20 682.00 | 27 926.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.4 % | -26.0 % | 16.6 % | 16.0 % | 10.4 % |
ROE | 11.9 % | -35.6 % | 24.8 % | 21.8 % | 12.6 % |
ROI | 10.4 % | -28.0 % | 18.9 % | 17.2 % | 10.9 % |
Economic value added (EVA) | 2 827.20 | 2 988.75 | 1 684.82 | 1 254.59 | 728.25 |
Solvency | |||||
Equity ratio | 80.8 % | 66.1 % | 63.9 % | 74.0 % | 72.1 % |
Gearing | 23.7 % | 27.3 % | 41.4 % | 27.1 % | 33.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | 0.6 | 0.6 | 0.5 |
Current ratio | 0.6 | 0.5 | 0.6 | 0.6 | 0.6 |
Cash and cash equivalents | 1 583.00 | 443.00 | 428.00 | 432.00 | 848.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | BBB | AA | AA | AA |
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