KK Wind Solutions Holding A/S — Credit Rating and Financial Key Figures

CVR number: 39067048
Bøgildvej 3, 7430 Ikast

Credit rating

Company information

Official name
KK Wind Solutions Holding A/S
Personnel
3 persons
Established
2017
Company form
Limited company
Industry
  • Expand more icon649990

About KK Wind Solutions Holding A/S

KK Wind Solutions Holding A/S (CVR number: 39067048K) is a company from IKAST-BRANDE. The company reported a net sales of 7682.2 mDKK in 2024, demonstrating a growth of 40 % compared to the previous year. The operating profit percentage was poor at -0 % (EBIT: -2.8 mDKK), while net earnings were -226.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -9.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KK Wind Solutions Holding A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 579.692 550.152 581.245 486.057 682.16
Gross profit2 579.692 556.702 585.841 556.962 392.39
EBIT34.7923.13- 147.20107.95-2.81
Net earnings34.8028.31- 142.54-51.67- 226.13
Shareholders equity total1 419.661 444.801 514.832 406.322 226.22
Balance sheet total (assets)3 769.883 886.735 519.237 403.079 280.26
Net debt- 241.94- 290.872 633.552 039.763 163.28
Profitability
EBIT-%1.3 %0.9 %-5.7 %2.0 %-0.0 %
ROA1.0 %0.7 %-3.0 %2.7 %0.5 %
ROE2.5 %2.0 %-9.6 %-2.6 %-9.8 %
ROI0.7 %0.5 %-2.9 %3.6 %0.7 %
Economic value added (EVA)-27.76-35.64- 204.87-54.76- 224.79
Solvency
Equity ratio43.7 %44.4 %25.8 %32.5 %24.0 %
Gearing187.1 %110.5 %179.5 %
Relative net indebtedness %-64.4 %-68.1 %147.3 %79.8 %81.0 %
Liquidity
Quick ratio-0.5-0.51.00.70.9
Current ratio-0.8-0.71.31.41.5
Cash and cash equivalents241.94290.87201.33619.88831.78
Capital use efficiency
Trade debtors turnover (days)57.544.453.0
Net working capital %98.0 %96.0 %19.9 %15.7 %17.7 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:0.53%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.0%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

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