KK TAG ApS — Credit Rating and Financial Key Figures

CVR number: 29519773
Hejls Landevej 93, 6094 Hejls
kennet@kk-tag.dk
tel: 60622085

Credit rating

Company information

Official name
KK TAG ApS
Personnel
1 person
Established
2006
Company form
Private limited company
Industry
  • Expand more icon43Specialised construction activities

About KK TAG ApS

KK TAG ApS (CVR number: 29519773) is a company from KOLDING. The company recorded a gross profit of 339.4 kDKK in 2023. The operating profit was -87.6 kDKK, while net earnings were -69.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.9 %, which can be considered poor and Return on Equity (ROE) was -22.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KK TAG ApS's liquidity measured by quick ratio was 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit946.91546.07617.00841.35339.45
EBIT251.81-14.6949.35250.47-87.56
Net earnings194.84-15.6935.64190.84-69.44
Shareholders equity total526.11399.82322.46398.90211.66
Balance sheet total (assets)865.46688.68769.37721.92377.62
Net debt- 676.64- 479.08- 566.21- 450.25- 176.08
Profitability
EBIT-%
ROA27.9 %-1.9 %6.8 %33.6 %-15.9 %
ROE40.4 %-3.4 %9.9 %52.9 %-22.7 %
ROI50.4 %-3.0 %11.7 %54.8 %-22.8 %
Economic value added (EVA)205.80-4.2443.38212.58-61.98
Solvency
Equity ratio60.8 %58.1 %41.9 %55.3 %56.0 %
Gearing5.0 %4.6 %30.9 %21.6 %29.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.31.72.12.0
Current ratio2.52.41.72.12.1
Cash and cash equivalents702.73497.61666.00536.27238.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-15.9%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.0%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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