KIRTAG INVEST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KIRTAG INVEST ApS
KIRTAG INVEST ApS (CVR number: 31477905) is a company from HEDENSTED. The company recorded a gross profit of -10.5 kDKK in 2024. The operating profit was -10.5 kDKK, while net earnings were 41 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 52.5 %, 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. KIRTAG INVEST ApS's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -10.44 | -9.49 | -9.86 | -8.72 | -10.54 |
EBIT | -10.44 | -9.49 | -9.86 | -8.72 | -10.54 |
Net earnings | 160.51 | 204.95 | -78.87 | 64.87 | 40.96 |
Shareholders equity total | 544.21 | 749.16 | 555.89 | 502.97 | 421.93 |
Balance sheet total (assets) | 781.04 | 1 010.19 | 762.69 | 795.76 | 803.78 |
Net debt | - 581.04 | - 810.20 | - 548.90 | - 484.63 | - 423.60 |
Profitability | |||||
EBIT-% | |||||
ROA | 32.6 % | 31.1 % | 13.8 % | 20.0 % | 7.5 % |
ROE | 34.6 % | 31.7 % | -12.1 % | 12.3 % | 8.9 % |
ROI | 33.9 % | 32.9 % | 14.3 % | 20.2 % | 7.5 % |
Economic value added (EVA) | -8.54 | 4.50 | 2.77 | 0.97 | 4.56 |
Solvency | |||||
Equity ratio | 69.7 % | 74.2 % | 72.9 % | 63.2 % | 52.5 % |
Gearing | 36.8 % | 26.7 % | 36.0 % | 56.9 % | 88.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 3.9 | 3.7 | 2.7 | 2.1 |
Current ratio | 3.3 | 3.9 | 3.7 | 2.7 | 2.1 |
Cash and cash equivalents | 781.04 | 1 010.19 | 748.90 | 770.62 | 798.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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