KOMMUNERNES HUS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 19 309.43 | 19 445.48 | 19 506.47 | 19 895.85 | 21 570.65 |
Gross profit | 19 198.54 | 19 332.09 | 18 948.83 | 19 783.41 | 21 455.98 |
EBIT | 19 198.54 | 19 332.09 | 18 948.83 | 19 783.41 | 21 455.98 |
Net earnings | 64 373.07 | 3 990.45 | 7 816.34 | 477.44 | 11 620.93 |
Shareholders equity total | 123 085.82 | 127 076.27 | 130 892.61 | 131 370.04 | 142 990.97 |
Balance sheet total (assets) | 516 185.43 | 520 093.10 | 525 834.92 | 525 632.29 | 538 556.65 |
Net debt | 288 116.80 | 284 421.08 | 283 169.04 | 285 013.94 | 278 761.06 |
Profitability | |||||
EBIT-% | 99.4 % | 99.4 % | 97.1 % | 99.4 % | 99.5 % |
ROA | 20.0 % | 3.7 % | 4.5 % | 3.8 % | 5.3 % |
ROE | 69.3 % | 3.2 % | 6.1 % | 0.4 % | 8.5 % |
ROI | 20.0 % | 3.7 % | 4.5 % | 3.8 % | 5.3 % |
Economic value added (EVA) | 14 871.64 | 11 999.77 | 11 690.02 | 12 216.37 | 13 400.00 |
Solvency | |||||
Equity ratio | 23.8 % | 24.4 % | 24.9 % | 25.0 % | 26.6 % |
Gearing | 284.4 % | 275.4 % | 267.4 % | 266.4 % | 244.8 % |
Relative net indebtedness % | 1492.6 % | 1462.7 % | 1456.3 % | 1433.7 % | 1292.4 % |
Liquidity | |||||
Quick ratio | 609.8 | 3 518.5 | 125.4 | 289.6 | 4 672.2 |
Current ratio | 609.8 | 3 518.5 | 125.4 | 289.6 | 4 672.2 |
Cash and cash equivalents | 61 885.43 | 65 582.02 | 66 834.92 | 64 989.60 | 71 238.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 55.5 % | 76.5 % | 76.8 % | 100.8 % | 110.9 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AAA |
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