Kung Sawaddee ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kung Sawaddee ApS
Kung Sawaddee ApS (CVR number: 37753750) is a company from KOLDING. The company reported a net sales of 2.9 mDKK in 2024, demonstrating a growth of 12.6 % compared to the previous year. The operating profit percentage was at 2.8 % (EBIT: 0.1 mDKK), while net earnings were 63.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.9 %, which can be considered excellent and Return on Equity (ROE) was 57 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.1 %, 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. Kung Sawaddee ApS's liquidity measured by quick ratio was 1.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 2 122.11 | 2 197.43 | 2 211.25 | 2 541.49 | 2 862.20 |
| Gross profit | 1 370.92 | 1 403.86 | 1 398.11 | 1 569.38 | 1 812.74 |
| EBIT | 49.75 | 129.72 | 61.52 | 39.00 | 81.16 |
| Net earnings | 38.37 | 99.13 | 45.88 | 30.42 | 63.30 |
| Shareholders equity total | 103.97 | 203.10 | 248.98 | 79.40 | 142.70 |
| Balance sheet total (assets) | 316.94 | 389.15 | 377.05 | 388.78 | 290.75 |
| Net debt | - 267.35 | - 328.67 | - 367.14 | - 230.50 | - 253.20 |
| Profitability | |||||
| EBIT-% | 2.3 % | 5.9 % | 2.8 % | 1.5 % | 2.8 % |
| ROA | 14.3 % | 36.7 % | 16.1 % | 10.2 % | 23.9 % |
| ROE | 28.5 % | 64.6 % | 20.3 % | 18.5 % | 57.0 % |
| ROI | 28.2 % | 64.7 % | 24.7 % | 16.3 % | 42.9 % |
| Economic value added (EVA) | 28.68 | 93.61 | 35.46 | 17.91 | 51.81 |
| Solvency | |||||
| Equity ratio | 32.8 % | 52.2 % | 66.0 % | 20.4 % | 49.1 % |
| Gearing | 45.8 % | 22.8 % | 188.0 % | 5.1 % | |
| Relative net indebtedness % | -4.8 % | -8.6 % | -10.8 % | -2.8 % | -3.9 % |
| Liquidity | |||||
| Quick ratio | 1.5 | 2.1 | 2.9 | 1.2 | 1.8 |
| Current ratio | 1.5 | 2.1 | 2.9 | 1.3 | 2.0 |
| Cash and cash equivalents | 314.94 | 375.05 | 367.14 | 379.78 | 260.52 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 1.6 | ||||
| Net working capital % | 4.9 % | 9.2 % | 11.3 % | 3.1 % | 5.0 % |
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | B |
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