KURT GADE INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 28112173
H C Hansens Vej 8, 7100 Vejle
kurt.aino@gmail.com

Credit rating

Company information

Official name
KURT GADE INVEST ApS
Personnel
1 person
Established
2004
Company form
Private limited company
Industry
  • Expand more icon642120

About KURT GADE INVEST ApS

KURT GADE INVEST ApS (CVR number: 28112173) is a company from VEJLE. The company recorded a gross profit of -54.5 kDKK in 2024. The operating profit was -176.5 kDKK, while net earnings were 3661.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.2 %, which can be considered good but Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KURT GADE INVEST ApS's liquidity measured by quick ratio was 53.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-45.46-38.91-55.85-61.41-54.48
EBIT- 167.46- 161.61- 177.85- 183.41- 176.48
Net earnings2 643.093 371.16-1 409.025 975.533 661.60
Shareholders equity total41 845.9745 160.6242 606.9048 522.6352 125.32
Balance sheet total (assets)42 163.7645 988.8342 625.0648 907.4153 116.53
Net debt-40 026.92-45 022.36-42 116.98-48 775.08-53 009.44
Profitability
EBIT-%
ROA8.8 %10.1 %4.6 %14.4 %9.2 %
ROE6.1 %7.7 %-3.2 %13.1 %7.3 %
ROI8.8 %10.2 %4.7 %14.5 %9.4 %
Economic value added (EVA)- 248.80- 217.08- 184.80- 193.23- 128.24
Solvency
Equity ratio99.2 %98.2 %100.0 %99.2 %98.1 %
Gearing0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio132.755.52 346.7127.153.6
Current ratio132.755.52 346.7127.153.6
Cash and cash equivalents40 026.9245 022.3642 117.0248 775.1253 009.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.23%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.1%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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