KET HOLDING, AALBORG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KET HOLDING, AALBORG ApS
KET HOLDING, AALBORG ApS (CVR number: 27662501) is a company from AALBORG. The company recorded a gross profit of -49.5 kDKK in 2023. The operating profit was -49.5 kDKK, while net earnings were 904.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good and Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 35.5 %, 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. KET HOLDING, AALBORG ApS's liquidity measured by quick ratio was 1.6 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 189.24 | -97.41 | -69.77 | -71.86 | -49.48 |
EBIT | 75.32 | - 195.67 | -69.77 | -71.86 | -49.48 |
Net earnings | - 472.67 | 3 005.77 | -2 506.23 | 255.18 | 904.50 |
Shareholders equity total | 9 312.20 | 10 817.97 | 7 761.74 | 7 902.52 | 7 607.03 |
Balance sheet total (assets) | 24 237.27 | 25 171.78 | 22 385.04 | 21 425.92 | 21 435.18 |
Net debt | -5 838.28 | -11 275.11 | -8 097.36 | -6 539.62 | -7 043.25 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.6 % | 17.3 % | 2.7 % | 5.4 % | 9.8 % |
ROE | -4.9 % | 29.9 % | -27.0 % | 3.3 % | 11.7 % |
ROI | 3.6 % | 17.7 % | 2.8 % | 5.6 % | 9.8 % |
Economic value added (EVA) | 538.02 | 339.66 | 642.66 | 628.59 | 569.19 |
Solvency | |||||
Equity ratio | 38.4 % | 43.0 % | 34.7 % | 36.9 % | 35.5 % |
Gearing | 159.1 % | 124.2 % | 172.1 % | 170.9 % | 178.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.8 | 1.5 | 1.6 | 1.6 |
Current ratio | 1.6 | 1.8 | 1.5 | 1.6 | 1.6 |
Cash and cash equivalents | 20 656.78 | 24 710.97 | 21 454.66 | 20 048.01 | 20 639.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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