K-Tool Tech ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About K-Tool Tech ApS
K-Tool Tech ApS (CVR number: 37509612) is a company from HØRSHOLM. The company recorded a gross profit of -6 kDKK in 2019. The operating profit was -6 kDKK, while net earnings were -51.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.8 %, which can be considered poor and Return on Equity (ROE) was -97.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -24.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. K-Tool Tech ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -17.18 | -1.89 | -6.92 | -6.00 |
EBIT | -17.18 | -1.89 | -6.92 | -6.00 |
Net earnings | -13.75 | -15.82 | 4.42 | -51.91 |
Shareholders equity total | 36.25 | 20.43 | 24.85 | -27.06 |
Balance sheet total (assets) | 176.00 | 358.33 | 125.17 | 81.79 |
Net debt | -22.24 | -28.11 | -0.28 | -0.28 |
Profitability | ||||
EBIT-% | ||||
ROA | -9.8 % | -0.7 % | 3.3 % | -38.8 % |
ROE | -37.9 % | -55.8 % | 19.5 % | -97.4 % |
ROI | -47.4 % | -6.7 % | 35.0 % | -365.3 % |
Economic value added (EVA) | -13.41 | -0.24 | -2.57 | -3.48 |
Solvency | ||||
Equity ratio | 20.6 % | 5.7 % | 19.9 % | -24.9 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.8 | 0.9 | 0.8 | 0.8 |
Current ratio | 1.0 | 0.9 | 0.8 | 0.8 |
Cash and cash equivalents | 22.24 | 28.11 | 0.28 | 0.28 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BBB | BB | BB |
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