K & C Aars ApS — Credit Rating and Financial Key Figures

CVR number: 37337129
Munkgårdkvarteret 211, Snejbjerg 7400 Herning

Company information

Official name
K & C Aars ApS
Personnel
11 persons
Established
2016
Domicile
Snejbjerg
Company form
Private limited company
Industry

About K & C Aars ApS

K & C Aars ApS (CVR number: 37337129) is a company from HERNING. The company recorded a gross profit of 1419.5 kDKK in 2023. The operating profit was 364.4 kDKK, while net earnings were 279.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 36 %, which can be considered excellent and Return on Equity (ROE) was 55.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. K & C Aars ApS's liquidity measured by quick ratio was 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 (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit849.661 012.881 148.641 419.471 419.46
EBIT3.6061.94121.27142.96364.39
Net earnings3.9145.8291.53115.63279.93
Shareholders equity total109.69155.51247.04362.67642.60
Balance sheet total (assets)887.331 078.761 092.60843.781 184.05
Net debt-7.70- 225.72103.80- 348.34- 625.90
Profitability
EBIT-%
ROA0.7 %6.3 %11.2 %14.8 %36.0 %
ROE3.6 %34.6 %45.5 %37.9 %55.7 %
ROI1.4 %13.1 %21.4 %29.0 %72.6 %
Economic value added (EVA)8.4559.76115.80117.63278.69
Solvency
Equity ratio12.4 %14.4 %22.6 %43.0 %54.3 %
Gearing299.7 %226.7 %152.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.21.52.0
Current ratio1.01.11.21.62.1
Cash and cash equivalents336.39578.33272.18348.34625.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:36.0%
Rating: 87/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.3%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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