KIF ERHVERV ApS — Credit Rating and Financial Key Figures

CVR number: 12423748
Ambolten 2-4, 6000 Kolding

Credit rating

Company information

Official name
KIF ERHVERV ApS
Established
1988
Company form
Private limited company
Industry
  • Expand more icon93Sports activities and amusement and recreation activities

About KIF ERHVERV ApS

KIF ERHVERV ApS (CVR number: 12423748) is a company from KOLDING. The company recorded a gross profit of -7.8 kDKK in 2018, demonstrating a decline of 0 % compared to the previous year. The operating profit was -7.8 kDKK, while net earnings were -10.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.2 %, which can be considered poor and Return on Equity (ROE) was -34 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -54.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. KIF ERHVERV ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
201620172018
Volume
Net sales366.99136.74
Gross profit0.300.30-7.85
EBIT0.300.30-7.85
Net earnings0.280.30-10.20
Shareholders equity total-24.75-24.44-34.64
Balance sheet total (assets)82.1531.0628.94
Net debt-0.05-0.070.54
Profitability
EBIT-%0.1 %0.2 %
ROA0.3 %0.4 %-13.2 %
ROE0.3 %0.5 %-34.0 %
ROI-2929.1 %
Economic value added (EVA)0.301.55-6.62
Solvency
Equity ratio-23.1 %-44.0 %-54.5 %
Gearing-1.5 %
Relative net indebtedness %29.1 %40.5 %
Liquidity
Quick ratio0.80.60.5
Current ratio0.80.60.5
Cash and cash equivalents0.050.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-6.7 %-17.9 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-13.2%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-54.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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