KEDELSMEDIEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KEDELSMEDIEN A/S
KEDELSMEDIEN A/S (CVR number: 27151612) is a company from KØBENHAVN. The company recorded a gross profit of -11061.5 kDKK in 2023. The operating profit was -27.1 mDKK, while net earnings were -9107.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.1 %, which can be considered poor and Return on Equity (ROE) was -16.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.5 %, 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. KEDELSMEDIEN A/S's liquidity measured by quick ratio was 0.7 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 | 21 219.07 | 19 588.95 | 13 641.90 | 3 683.51 | -11 061.52 |
EBIT | 37 996.93 | 34 588.95 | 22 641.90 | 2 683.51 | -27 061.52 |
Net earnings | 15 802.39 | 14 641.78 | 10 218.57 | 2 412.71 | -9 107.15 |
Shareholders equity total | 58 556.10 | 73 197.88 | 60 416.45 | 60 329.16 | 48 722.01 |
Balance sheet total (assets) | 144 604.86 | 179 978.04 | 167 943.69 | 166 277.38 | 149 703.08 |
Net debt | 56 836.46 | 74 613.28 | 72 394.60 | 69 679.31 | 67 212.04 |
Profitability | |||||
EBIT-% | |||||
ROA | 27.5 % | 21.3 % | 13.1 % | 1.6 % | -17.1 % |
ROE | 28.4 % | 22.2 % | 15.3 % | 4.0 % | -16.7 % |
ROI | 27.7 % | 21.5 % | 13.2 % | 1.7 % | -17.6 % |
Economic value added (EVA) | 24 364.12 | 21 499.29 | 10 325.66 | -4 486.67 | -27 540.57 |
Solvency | |||||
Equity ratio | 40.5 % | 40.7 % | 36.0 % | 36.3 % | 32.5 % |
Gearing | 101.7 % | 102.4 % | 121.1 % | 118.4 % | 143.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 6.6 | 1.0 | 0.8 | 0.7 |
Current ratio | 0.7 | 6.6 | 1.0 | 0.8 | 0.7 |
Cash and cash equivalents | 2 690.35 | 339.41 | 781.28 | 1 740.55 | 2 558.09 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AA | BBB |
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