KRISTOFFER RIEMANN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KRISTOFFER RIEMANN ApS
KRISTOFFER RIEMANN ApS (CVR number: 32770509) is a company from SØNDERBORG. The company reported a net sales of 1.8 mDKK in 2022, demonstrating a growth of 321.8 % compared to the previous year. The operating profit percentage was at 4.2 % (EBIT: 0.1 mDKK), while net earnings were -1302 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.5 %, which can be considered poor and Return on Equity (ROE) was -18.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.1 %, 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. KRISTOFFER RIEMANN ApS's liquidity measured by quick ratio was 1533.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 813.76 | 2 464.79 | 1 958.12 | 433.96 | 1 830.29 |
Gross profit | 1 493.45 | 1 210.26 | 1 409.22 | 356.01 | 760.01 |
EBIT | 793.45 | - 592.74 | -4.78 | - 327.74 | 77.20 |
Net earnings | 9.76 | 187.52 | 2 337.84 | 1 850.37 | -1 302.05 |
Shareholders equity total | 3 345.32 | 3 547.26 | 5 884.65 | 7 730.99 | 6 428.06 |
Balance sheet total (assets) | 3 359.61 | 3 745.60 | 9 687.27 | 11 100.23 | 11 251.89 |
Net debt | -3 044.32 | -3 745.60 | -6 510.70 | -7 926.79 | -6 291.86 |
Profitability | |||||
EBIT-% | 43.7 % | -24.0 % | -0.2 % | -75.5 % | 4.2 % |
ROA | 0.4 % | 6.8 % | 44.6 % | 23.2 % | -9.5 % |
ROE | 0.3 % | 5.4 % | 49.6 % | 27.2 % | -18.4 % |
ROI | 0.4 % | 7.0 % | 48.5 % | 24.7 % | -9.7 % |
Economic value added (EVA) | 618.92 | - 477.46 | 168.78 | -52.23 | 376.26 |
Solvency | |||||
Equity ratio | 99.6 % | 94.7 % | 60.7 % | 69.6 % | 57.1 % |
Gearing | 49.6 % | 38.6 % | 74.9 % | ||
Relative net indebtedness % | -167.1 % | -143.9 % | -287.5 % | -1737.4 % | -343.4 % |
Liquidity | |||||
Quick ratio | 235.1 | 18.9 | 10.7 | 28.2 | 1 533.9 |
Current ratio | 235.1 | 18.9 | 10.7 | 28.2 | 1 533.9 |
Cash and cash equivalents | 3 044.32 | 3 745.60 | 9 432.27 | 10 908.98 | 11 108.45 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 60.6 | ||||
Net working capital % | 16.7 % | -7.9 % | -45.0 % | -89.2 % | -0.4 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
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