K WORM HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About K WORM HOLDING ApS
K WORM HOLDING ApS (CVR number: 28155395) is a company from KØBENHAVN. The company recorded a gross profit of -16.6 kDKK in 2024. The operating profit was -16.6 kDKK, while net earnings were -1068.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.5 %, which can be considered poor and Return on Equity (ROE) was -36.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.6 %, 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. K WORM HOLDING ApS's liquidity measured by quick ratio was 249.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -6.00 | -6.00 | -23.46 | -16.75 | -16.55 |
| EBIT | -6.00 | -6.00 | -23.46 | -16.75 | -16.55 |
| Net earnings | -1 001.00 | 1 609.00 | 19.47 | 997.09 | -1 068.13 |
| Shareholders equity total | 1 015.00 | 2 624.00 | 2 643.20 | 3 522.50 | 2 332.36 |
| Balance sheet total (assets) | 2 492.00 | 3 171.00 | 3 976.66 | 5 602.64 | 3 352.85 |
| Net debt | -2 366.00 | -2 928.00 | -2 207.99 | -2 473.92 | -3 087.46 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -49.3 % | 54.9 % | 34.4 % | 24.4 % | -19.5 % |
| ROE | -63.7 % | 88.4 % | 0.7 % | 32.3 % | -36.5 % |
| ROI | -30.4 % | 55.8 % | 25.0 % | 27.5 % | -24.0 % |
| Economic value added (EVA) | - 112.17 | -59.00 | - 157.92 | - 187.43 | - 265.91 |
| Solvency | |||||
| Equity ratio | 40.7 % | 82.7 % | 66.5 % | 62.9 % | 69.6 % |
| Gearing | 31.4 % | 43.2 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 497.4 | 633.2 | 29.0 | 2.6 | 249.2 |
| Current ratio | 497.4 | 633.2 | 29.0 | 2.6 | 249.2 |
| Cash and cash equivalents | 2 366.00 | 2 928.00 | 3 038.31 | 3 995.92 | 3 087.46 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | BBB |
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