KOMMUNERNES HUS A/S — Credit Rating and Financial Key Figures

CVR number: 24256979
Weidekampsgade 10, 2300 København S
lab@kl.dk
tel: 33703482

Credit rating

Company information

Official name
KOMMUNERNES HUS A/S
Established
1990
Company form
Limited company
Industry
  • Expand more icon681100

About KOMMUNERNES HUS A/S

KOMMUNERNES HUS A/S (CVR number: 24256979) is a company from KØBENHAVN. The company reported a net sales of 21.6 mDKK in 2023, demonstrating a growth of 8.4 % compared to the previous year. The operating profit percentage was at 99.5 % (EBIT: 21.5 mDKK), while net earnings were 11.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.3 %, which can be considered decent but Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 26.6 %, 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. KOMMUNERNES HUS A/S's liquidity measured by quick ratio was 4672.2 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales19 309.4319 445.4819 506.4719 895.8521 570.65
Gross profit19 198.5419 332.0918 948.8319 783.4121 455.98
EBIT19 198.5419 332.0918 948.8319 783.4121 455.98
Net earnings64 373.073 990.457 816.34477.4411 620.93
Shareholders equity total123 085.82127 076.27130 892.61131 370.04142 990.97
Balance sheet total (assets)516 185.43520 093.10525 834.92525 632.29538 556.65
Net debt288 116.80284 421.08283 169.04285 013.94278 761.06
Profitability
EBIT-%99.4 %99.4 %97.1 %99.4 %99.5 %
ROA20.0 %3.7 %4.5 %3.8 %5.3 %
ROE69.3 %3.2 %6.1 %0.4 %8.5 %
ROI20.0 %3.7 %4.5 %3.8 %5.3 %
Economic value added (EVA)14 871.6411 999.7711 690.0212 216.3713 400.00
Solvency
Equity ratio23.8 %24.4 %24.9 %25.0 %26.6 %
Gearing284.4 %275.4 %267.4 %266.4 %244.8 %
Relative net indebtedness %1492.6 %1462.7 %1456.3 %1433.7 %1292.4 %
Liquidity
Quick ratio609.83 518.5125.4289.64 672.2
Current ratio609.83 518.5125.4289.64 672.2
Cash and cash equivalents61 885.4365 582.0266 834.9264 989.6071 238.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %55.5 %76.5 %76.8 %100.8 %110.9 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:5.33%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.6%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Chief executive officer

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