KITANI DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 34601216
Strandboulevarden 27, 2100 København Ø

Company information

Official name
KITANI DENMARK ApS
Established
2012
Company form
Private limited company
Industry

About KITANI DENMARK ApS

KITANI DENMARK ApS (CVR number: 34601216) is a company from KØBENHAVN. The company recorded a gross profit of -0.9 kDKK in 2021. The operating profit was -0.9 kDKK, while net earnings were -0.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.5 %, which can be considered poor and Return on Equity (ROE) was -15 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.5 %, 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. KITANI DENMARK ApS's liquidity measured by quick ratio was 1.7 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit-6.39-6.42-2.00-0.92-0.92
EBIT-6.39-6.42-2.00-0.92-0.92
Net earnings-6.39-6.42-2.00-0.92-0.92
Shareholders equity total15.959.537.536.615.69
Balance sheet total (assets)23.9517.5315.5314.6113.69
Net debt-23.95-17.53-15.53-14.61-13.69
Profitability
EBIT-%
ROA-23.5 %-31.0 %-12.1 %-6.1 %-6.5 %
ROE-33.4 %-50.4 %-23.5 %-13.0 %-15.0 %
ROI-33.4 %-50.4 %-23.5 %-13.0 %-15.0 %
Economic value added (EVA)-5.99-6.02-1.60-0.52-0.52
Solvency
Equity ratio66.6 %54.4 %48.5 %45.2 %41.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio3.02.21.91.81.7
Current ratio3.02.21.91.81.7
Cash and cash equivalents23.9517.5315.5314.6113.69
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:-6.50%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.5%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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