KINGSPAN INSULATION ApS — Credit Rating and Financial Key Figures

CVR number: 35891803
Langebjergvænget 18, 4000 Roskilde

Credit rating

Company information

Official name
KINGSPAN INSULATION ApS
Personnel
8 persons
Established
2014
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About KINGSPAN INSULATION ApS

KINGSPAN INSULATION ApS (CVR number: 35891803) is a company from ROSKILDE. The company reported a net sales of 67.6 mDKK in 2023, demonstrating a decline of -5.5 % compared to the previous year. The operating profit percentage was at 1.7 % (EBIT: 1.1 mDKK), while net earnings were 727.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent and Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 52.8 %, 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. KINGSPAN INSULATION ApS's liquidity measured by quick ratio was 2.1 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales60.3171.5367.58
Gross profit4.738.6012.045.648.39
EBIT0.983.647.950.391.13
Net earnings0.752.826.130.240.73
Shareholders equity total0.032.858.919.169.88
Balance sheet total (assets)1.6111.8122.0919.6418.73
Net debt-0.72-4.313.605.294.37
Profitability
EBIT-%13.2 %0.5 %1.7 %
ROA40.5 %54.3 %46.9 %1.9 %5.9 %
ROE58.8 %195.7 %104.2 %2.7 %7.6 %
ROI65.0 %164.9 %95.5 %2.8 %7.6 %
Economic value added (EVA)0.912.906.30-0.170.37
Solvency
Equity ratio1.9 %24.1 %40.3 %46.6 %52.8 %
Gearing1843.1 %12.6 %40.4 %57.8 %44.2 %
Relative net indebtedness %21.8 %14.7 %13.1 %
Liquidity
Quick ratio1.11.41.71.82.1
Current ratio1.11.41.71.92.2
Cash and cash equivalents1.304.67
Capital use efficiency
Trade debtors turnover (days)62.166.955.8
Net working capital %15.5 %12.7 %13.6 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:5.88%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.8%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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