KKN EJENDOMME 2 ApS — Credit Rating and Financial Key Figures

CVR number: 32567045
Adelgade 28, 9500 Hobro
tel: 98522600

Credit rating

Company information

Official name
KKN EJENDOMME 2 ApS
Established
2009
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About KKN EJENDOMME 2 ApS

KKN EJENDOMME 2 ApS (CVR number: 32567045) is a company from MARIAGERFJORD. The company reported a net sales of 4.1 mDKK in 2018, demonstrating a growth of 1.7 % compared to the previous year. The operating profit percentage was at 71.9 % (EBIT: 3 mDKK), while net earnings were 1642.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 55.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5.8 %, 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. KKN EJENDOMME 2 ApS's liquidity measured by quick ratio was 4.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales4 072.664 036.274 103.22
Gross profit3 056.423 254.803 332.54
EBIT3 304.34776.202 951.74
Net earnings1 862.71- 361.311 642.42
Shareholders equity total2 485.862 124.553 766.98
Balance sheet total (assets)66 555.5864 409.8464 618.68
Net debt62 401.3160 512.8358 473.19
Profitability
EBIT-%81.1 %19.2 %71.9 %
ROA5.5 %1.7 %5.1 %
ROE74.9 %-15.7 %55.8 %
ROI5.6 %1.8 %5.2 %
Economic value added (EVA)2 797.15-2 185.43- 719.86
Solvency
Equity ratio3.7 %3.3 %5.8 %
Gearing2511.6 %2848.3 %1568.8 %
Relative net indebtedness %1568.9 %1543.1 %1467.9 %
Liquidity
Quick ratio3.02.54.4
Current ratio3.02.44.4
Cash and cash equivalents32.57621.33
Capital use efficiency
Trade debtors turnover (days)1.00.50.6
Net working capital %167.8 %150.0 %198.3 %
Credit risk
Credit ratingAAA

Variable visualization

ROA:5.09%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.83%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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