Kulby ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kulby ApS
Kulby ApS (CVR number: 40116486) is a company from KØBENHAVN. The company recorded a gross profit of -195.7 kDKK in 2023. The operating profit was -195.7 kDKK, while net earnings were -160.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -45.5 %, which can be considered poor and Return on Equity (ROE) was -64.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.6 %, 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. Kulby 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 217.41 | 57.92 | 205.09 | -36.60 | - 195.72 |
EBIT | 217.41 | 57.92 | 205.09 | -36.60 | - 195.72 |
Net earnings | 160.21 | 40.39 | 174.26 | -94.63 | - 160.35 |
Shareholders equity total | 210.21 | 250.60 | 424.86 | 330.23 | 169.88 |
Balance sheet total (assets) | 346.95 | 329.83 | 553.24 | 353.80 | 505.48 |
Net debt | - 346.95 | - 179.00 | - 175.72 | - 245.51 | - 224.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 62.7 % | 17.4 % | 46.9 % | -8.1 % | -45.5 % |
ROE | 76.2 % | 17.5 % | 51.6 % | -25.1 % | -64.1 % |
ROI | 103.4 % | 25.5 % | 61.3 % | -9.7 % | -78.3 % |
Economic value added (EVA) | 161.61 | 47.50 | 174.20 | -37.27 | - 161.19 |
Solvency | |||||
Equity ratio | 60.6 % | 76.0 % | 76.8 % | 93.3 % | 33.6 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 3.5 | 2.2 | 12.9 | 1.4 |
Current ratio | 2.5 | 3.5 | 2.2 | 12.9 | 1.4 |
Cash and cash equivalents | 346.95 | 179.00 | 175.72 | 245.51 | 224.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | A | BBB | BBB |
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