KK Udvikling & Finans ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KK Udvikling & Finans ApS
KK Udvikling & Finans ApS (CVR number: 37266574) is a company from AARHUS. The company recorded a gross profit of -14 kDKK in 2024. The operating profit was -14 kDKK, while net earnings were -6.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak but Return on Equity (ROE) was -10.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.1 %, 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. KK Udvikling & Finans ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 70.19 | 58.34 | -13.40 | -13.20 | -13.98 |
EBIT | -9.07 | -7.71 | -13.40 | -13.20 | -13.98 |
Net earnings | -8.24 | -6.71 | -4.04 | 8.77 | -6.83 |
Shareholders equity total | 68.64 | 61.93 | 57.89 | 66.66 | 59.83 |
Balance sheet total (assets) | 108.02 | 84.80 | 891.92 | 523.04 | 212.94 |
Net debt | -28.11 | -71.93 | 773.16 | 399.77 | 127.82 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.5 % | -8.0 % | 0.4 % | 4.8 % | 2.2 % |
ROE | -11.3 % | -10.3 % | -6.7 % | 14.1 % | -10.8 % |
ROI | -1.7 % | -11.3 % | 0.4 % | 4.8 % | 2.3 % |
Economic value added (EVA) | -2.47 | -8.54 | -9.30 | -10.65 | -11.55 |
Solvency | |||||
Equity ratio | 63.5 % | 73.0 % | 6.5 % | 12.7 % | 28.1 % |
Gearing | 5.9 % | 3.4 % | 1422.2 % | 668.6 % | 238.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 3.7 | 1.2 | 1.1 | 1.4 |
Current ratio | 1.1 | 3.7 | 1.2 | 1.1 | 1.4 |
Cash and cash equivalents | 32.19 | 74.01 | 50.17 | 45.90 | 14.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
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