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 -2.6 kUSD in 2024. The operating profit was -2.6 kUSD, while net earnings were 2.3 kUSD. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 83.6 %, 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 5.1 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.24 | -2.12 | -1.11 | -2.65 | |
EBIT | -3.11 | -3.24 | -2.12 | -1.11 | -2.65 |
Net earnings | -19.82 | -30.89 | -4.72 | 7.64 | 2.31 |
Shareholders equity total | 90.45 | 59.55 | 54.83 | 62.47 | 35.78 |
Balance sheet total (assets) | 90.45 | 62.80 | 58.08 | 64.65 | 42.79 |
Net debt | -24.56 | -24.05 | -21.49 | -43.85 | -30.32 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.0 % | -4.2 % | -3.5 % | 12.7 % | 5.4 % |
ROE | -19.8 % | -41.2 % | -8.3 % | 13.0 % | 4.7 % |
ROI | -3.1 % | -4.3 % | -3.7 % | 13.3 % | 5.6 % |
Economic value added (EVA) | -8.65 | -7.79 | -5.11 | -3.87 | -5.79 |
Solvency | |||||
Equity ratio | 100.0 % | 94.8 % | 94.4 % | 96.6 % | 83.6 % |
Gearing | 13.8 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.4 | 6.6 | 20.3 | 5.1 | |
Current ratio | 7.4 | 6.6 | 20.3 | 5.1 | |
Cash and cash equivalents | 24.56 | 24.05 | 21.49 | 43.85 | 35.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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