KKART KUNSTNERNES KOOPERATIVE ApS — Credit Rating and Financial Key Figures

CVR number: 13278989
Kochsgade 31 D, 5000 Odense C
kontor@kk-art.dk
tel: 66179858
www.kkart.dk

Company information

Official name
KKART KUNSTNERNES KOOPERATIVE ApS
Personnel
100 persons
Established
1989
Company form
Private limited company
Industry

About KKART KUNSTNERNES KOOPERATIVE ApS

KKART KUNSTNERNES KOOPERATIVE ApS (CVR number: 13278989) is a company from ODENSE. The company recorded a gross profit of 15.9 mDKK in 2024. The operating profit was 270.8 kDKK, while net earnings were 335.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 2.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. KKART KUNSTNERNES KOOPERATIVE ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit9 498.2311 723.8114 013.7915 936.6915 859.58
EBIT- 917.19- 476.59-1 060.4946.02270.81
Net earnings- 829.62- 610.75-1 478.4458.09335.35
Shareholders equity total464.04461.60- 394.47-36.37298.98
Balance sheet total (assets)12 303.3215 540.1413 502.4011 576.5213 386.03
Net debt-5 233.31-8 205.78-5 491.24-8 437.01-10 812.34
Profitability
EBIT-%
ROA-7.8 %-3.1 %-6.9 %1.3 %3.4 %
ROE-179.7 %-132.0 %-21.2 %0.5 %5.6 %
ROI-11.3 %-9.7 %-248.9 %47.7 %132.8 %
Economic value added (EVA)-1 224.36- 896.09- 948.6934.91195.20
Solvency
Equity ratio3.8 %3.0 %-2.8 %-0.3 %2.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.10.80.71.01.0
Current ratio2.10.80.71.01.0
Cash and cash equivalents5 233.318 205.785 491.248 437.0110 812.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:3.45%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.23%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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