RK 2017 IVS — Credit Rating and Financial Key Figures

CVR number: 37218707
Korskildelund 6, 2670 Greve

Credit rating

Company information

Official name
RK 2017 IVS
Established
2015
Company form
Entrepreneurial limited company
Industry

About RK 2017 IVS

RK 2017 IVS (CVR number: 37218707) is a company from GREVE. The company recorded a gross profit of 1546.4 kDKK in 2016. The operating profit was 179.8 kDKK, while net earnings were 244.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 99.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 17.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. RK 2017 IVS's liquidity measured by quick ratio was 1.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
Volume
Net sales
Gross profit1 546.42
EBIT179.81
Net earnings244.18
Shareholders equity total245.18
Balance sheet total (assets)1 403.48
Net debt159.15
Profitability
EBIT-%
ROA12.8 %
ROE99.6 %
ROI33.7 %
Economic value added (EVA)127.67
Solvency
Equity ratio17.5 %
Gearing117.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.2
Current ratio1.2
Cash and cash equivalents129.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.5%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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