Kongevejen ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kongevejen ApS
Kongevejen ApS (CVR number: 42868566) is a company from GLADSAXE. The company recorded a gross profit of 926.4 kDKK in 2023. The operating profit was 86.7 kDKK, while net earnings were -28.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -0.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.9 %, 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. Kongevejen ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 1 269.02 | 1 286.83 | 767.87 | 926.37 |
EBIT | 1 269.02 | 1 286.83 | 887.87 | 86.69 |
Net earnings | 657.74 | 1 070.74 | 538.81 | -28.32 |
Shareholders equity total | 8 742.95 | 9 813.68 | 10 352.49 | 10 324.17 |
Balance sheet total (assets) | 21 104.33 | 22 644.92 | 22 738.22 | 21 993.69 |
Net debt | 8 777.10 | 8 665.31 | 7 849.58 | 7 310.11 |
Profitability | ||||
EBIT-% | ||||
ROA | 6.0 % | 6.0 % | 3.9 % | 0.5 % |
ROE | 7.5 % | 11.5 % | 5.3 % | -0.3 % |
ROI | 6.1 % | 6.2 % | 4.0 % | 0.5 % |
Economic value added (EVA) | 989.86 | 144.72 | - 244.02 | - 791.16 |
Solvency | ||||
Equity ratio | 41.4 % | 43.3 % | 46.0 % | 46.9 % |
Gearing | 100.4 % | 89.7 % | 81.3 % | 77.3 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 1.2 | 1.4 | 1.5 | 1.3 |
Current ratio | 1.2 | 1.4 | 1.3 | 1.3 |
Cash and cash equivalents | 133.38 | 570.20 | 672.22 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | A | A | A | A |
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