Kigen Denmark ApS

CVR number: 38433709
Ragnagade 7, 2100 København Ø

Credit rating

Company information

Official name
Kigen Denmark ApS
Personnel
11 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon62Computer programming, consultancy and related activities

About Kigen Denmark ApS

Kigen Denmark ApS (CVR number: 38433709) is a company from KØBENHAVN. The company recorded a gross profit of 13.8 mDKK in 2023. The operating profit was 913.8 kDKK, while net earnings were 563.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good and Return on Equity (ROE) was 10.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74.1 %, 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. Kigen Denmark ApS's liquidity measured by quick ratio was 3.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit20 967.0621 779.8816 765.3915 217.1213 763.29
EBIT1 510.751 560.461 262.961 105.28913.78
Net earnings1 165.501 185.96933.59737.75563.90
Shareholders equity total2 459.723 645.684 579.275 317.035 880.94
Balance sheet total (assets)9 334.4312 003.309 005.908 761.737 938.23
Net debt-2 506.63-5 456.95-5 338.87-5 732.66- 990.68
Profitability
EBIT-%
ROA19.4 %14.6 %12.0 %12.4 %10.9 %
ROE62.1 %38.8 %22.7 %14.9 %10.1 %
ROI62.6 %31.5 %23.0 %22.3 %16.3 %
Economic value added (EVA)1 231.391 219.381 133.30802.45594.81
Solvency
Equity ratio26.4 %30.4 %50.8 %60.7 %74.1 %
Gearing34.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.51.72.23.6
Current ratio1.21.51.72.23.6
Cash and cash equivalents2 506.636 701.935 338.875 732.66990.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.1%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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