IB KRISTENSEN BRUND ApS — Credit Rating and Financial Key Figures

CVR number: 13111278
Sandbjerg Strandvej 9, 7130 Juelsminde
tel: 75682278

Credit rating

Company information

Official name
IB KRISTENSEN BRUND ApS
Established
1989
Company form
Private limited company
Industry

About IB KRISTENSEN BRUND ApS

IB KRISTENSEN BRUND ApS (CVR number: 13111278) is a company from HEDENSTED. The company recorded a gross profit of -22.9 kDKK in 2023. The operating profit was -22.9 kDKK, while net earnings were 439.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.9 %, which can be considered excellent and Return on Equity (ROE) was 15.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. IB KRISTENSEN BRUND ApS's liquidity measured by quick ratio was 38 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-18.49-16.72-16.95-19.73-22.89
EBIT-18.49-16.72-16.95-19.73-22.89
Net earnings1 919.4445.92- 724.86- 158.44439.20
Shareholders equity total7 987.833 743.752 928.892 670.463 009.66
Balance sheet total (assets)8 175.783 755.003 071.942 681.713 091.07
Net debt- 190.50-3 736.51-3 071.94-2 679.11-3 091.07
Profitability
EBIT-%
ROA29.3 %2.2 %18.2 %8.5 %23.9 %
ROE27.1 %0.8 %-21.7 %-5.7 %15.5 %
ROI29.7 %2.2 %18.6 %8.7 %24.3 %
Economic value added (EVA)- 326.37- 414.19- 209.00- 166.90- 153.65
Solvency
Equity ratio97.7 %99.7 %95.3 %99.6 %97.4 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.4333.721.5238.438.0
Current ratio1.4333.721.5238.438.0
Cash and cash equivalents190.503 736.513 071.942 679.113 091.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBB

Variable visualization

ROA:23.9%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.4%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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