KN HOLDING, VARDE ApS — Credit Rating and Financial Key Figures

CVR number: 33379498
Hammeren 6, 6800 Varde

Company information

Official name
KN HOLDING, VARDE ApS
Established
2011
Company form
Private limited company
Industry

About KN HOLDING, VARDE ApS

KN HOLDING, VARDE ApS (CVR number: 33379498) is a company from VARDE. The company reported a net sales of 4.4 mDKK in 2022, demonstrating a decline of -14.2 % compared to the previous year. The operating profit percentage was at 99 % (EBIT: 4.4 mDKK), while net earnings were 4826.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.2 %, which can be considered excellent and Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KN HOLDING, VARDE ApS's liquidity measured by quick ratio was 38.8 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
2018
2019
2020
2021
2022
Volume
Net sales1 530.002 217.003 912.005 127.004 397.50
Gross profit1 524.002 210.003 905.005 118.004 355.62
EBIT1 524.002 210.003 905.005 118.004 355.62
Net earnings1 689.002 317.003 997.005 337.004 826.57
Shareholders equity total11 107.0013 315.0017 201.0022 425.0027 051.82
Balance sheet total (assets)12 526.0014 649.0019 022.0024 552.0028 586.85
Net debt390.00-1 091.00-1 996.00-2 090.00-3 457.09
Profitability
EBIT-%99.6 %99.7 %99.8 %99.8 %99.0 %
ROA14.9 %17.5 %24.0 %24.9 %19.2 %
ROE16.4 %19.0 %26.2 %26.9 %19.5 %
ROI16.1 %18.8 %26.1 %27.2 %20.5 %
Economic value added (EVA)1 515.112 267.584 154.325 487.394 590.43
Solvency
Equity ratio88.7 %90.9 %90.4 %91.3 %94.6 %
Gearing3.6 %3.2 %0.3 %1.0 %0.2 %
Relative net indebtedness %92.1 %-8.1 %-5.9 %-3.6 %-44.7 %
Liquidity
Quick ratio5.59.015.55.338.8
Current ratio5.59.015.55.338.8
Cash and cash equivalents10.001 514.002 051.002 310.003 501.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %325.4 %171.0 %130.6 %130.4 %256.3 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:19.2%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.6%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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