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Key2Quality ApS — Credit Rating and Financial Key Figures

CVR number: 41221291
Krøyer Kielbergs Vej 3, 8660 Skanderborg
margit@Key2Quality.dk
tel: 49408060
https://key2quality.dk/
Free credit report Annual report

Company information

Official name
Key2Quality ApS
Personnel
31 persons
Established
2020
Company form
Private limited company
Industry

About Key2Quality ApS

Key2Quality ApS (CVR number: 41221291) is a company from SKANDERBORG. The company recorded a gross profit of 16.7 mDKK in 2024. The operating profit was 198.9 kDKK, while net earnings were 98.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 24.4 %, 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. Key2Quality 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 profit6 369.376 521.749 440.5513 269.7516 674.32
EBIT550.6689.231 056.301 075.91198.91
Net earnings417.8555.50814.87830.6098.61
Shareholders equity total457.85313.351 128.221 558.821 657.42
Balance sheet total (assets)3 049.831 884.742 714.914 105.096 831.59
Net debt- 329.02403.7526.20622.482 477.65
Profitability
EBIT-%
ROA18.1 %3.6 %45.9 %31.6 %3.6 %
ROE91.3 %14.4 %113.1 %61.8 %6.1 %
ROI120.3 %14.0 %107.3 %63.5 %6.1 %
Economic value added (EVA)426.3137.07778.69772.0030.43
Solvency
Equity ratio15.0 %16.6 %41.6 %38.0 %24.4 %
Gearing159.8 %2.3 %39.9 %154.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.22.01.51.0
Current ratio1.21.22.01.51.0
Cash and cash equivalents329.0297.0887.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:3.64%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.4%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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