K/S ML ASIA FUND — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S ML ASIA FUND
K/S ML ASIA FUND (CVR number: 30910613) is a company from GENTOFTE. The company recorded a gross profit of -1.1 kUSD in 2023. The operating profit was -1.1 kUSD, while net earnings were 7.6 kUSD. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good and Return on Equity (ROE) was 13 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K/S ML ASIA FUND's liquidity measured by quick ratio was 20.3 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 (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.24 | -2.12 | -1.11 | ||
EBIT | -3.36 | -3.11 | -3.24 | -2.12 | -1.11 |
Net earnings | -21.90 | -19.82 | -30.89 | -4.72 | 7.64 |
Shareholders equity total | 110.27 | 90.45 | 59.55 | 54.83 | 62.47 |
Balance sheet total (assets) | 114.22 | 90.45 | 62.80 | 58.08 | 64.65 |
Net debt | -31.20 | -24.56 | -24.05 | -21.49 | -43.85 |
Profitability | |||||
EBIT-% | |||||
ROA | -2.7 % | -3.0 % | -4.2 % | -3.5 % | 12.7 % |
ROE | -18.1 % | -19.8 % | -41.2 % | -8.3 % | 13.0 % |
ROI | -2.8 % | -3.1 % | -4.3 % | -3.7 % | 13.3 % |
Economic value added (EVA) | - 294.31 | - 292.32 | - 291.79 | - 289.14 | - 288.02 |
Solvency | |||||
Equity ratio | 96.5 % | 100.0 % | 94.8 % | 94.4 % | 96.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.9 | 7.4 | 6.6 | 20.3 | |
Current ratio | 7.9 | 7.4 | 6.6 | 20.3 | |
Cash and cash equivalents | 31.20 | 24.56 | 24.05 | 21.49 | 43.85 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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