KDK III ApS — Credit Rating and Financial Key Figures

CVR number: 39322579
Rådhustorvet 4 C, 4760 Vordingborg
info@kissdevelopment.dk
tel: 27104878

Credit rating

Company information

Official name
KDK III ApS
Established
2018
Company form
Private limited company
Industry

About KDK III ApS

KDK III ApS (CVR number: 39322579) is a company from VORDINGBORG. The company recorded a gross profit of 2316.1 kDKK in 2021. The operating profit was 6113.6 kDKK, while net earnings were 4673.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good but Return on Equity (ROE) was 5.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 7.5 %, 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. KDK III 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
Volume
Net sales
Gross profit- 160.02- 240.92- 272.232 316.10
EBIT2 839.98-3 240.92- 272.236 113.56
Net earnings920.40-7 850.4378.864 673.70
Shareholders equity total970.40-6 880.03-6 801.17-2 127.46
Balance sheet total (assets)29 983.1537 402.0058 830.6098 731.36
Net debt26 933.6341 189.3460 846.7484 739.18
Profitability
EBIT-%
ROA9.5 %-8.7 %-0.5 %9.5 %
ROE94.8 %-40.9 %0.2 %5.9 %
ROI9.5 %-9.0 %-0.5 %10.7 %
Economic value added (EVA)2 214.44-4 399.37-1 341.623 731.06
Solvency
Equity ratio37.8 %10.7 %7.8 %7.5 %
Gearing2958.1 %-599.6 %-918.3 %-3985.1 %
Relative net indebtedness %
Liquidity
Quick ratio22.20.01.20.8
Current ratio22.20.01.20.8
Cash and cash equivalents1 772.1362.591 605.7943.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:9.54%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.52%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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