KARSTEN NIELSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 10010764
Nationernes Alle 18, 3000 Helsingør
kn@knholding.dk
tel: 27113122

Company information

Official name
KARSTEN NIELSEN HOLDING ApS
Established
1999
Company form
Private limited company
Industry

About KARSTEN NIELSEN HOLDING ApS

KARSTEN NIELSEN HOLDING ApS (CVR number: 10010764) is a company from HELSINGØR. The company recorded a gross profit of -49.1 kDKK in 2023. The operating profit was -49.1 kDKK, while net earnings were 3102.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.1 %, which can be considered good but Return on Equity (ROE) was 17.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KARSTEN NIELSEN HOLDING ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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-31.23-30.60-30.60-31.44-49.08
EBIT-31.23-30.60-30.60-31.44-49.08
Net earnings- 127.22- 138.17- 141.175 855.183 102.74
Shareholders equity total10 392.8510 254.6910 113.5215 968.7019 071.44
Balance sheet total (assets)13 400.0013 508.9613 508.9621 195.9926 459.14
Net debt2 585.592 690.793 363.925 201.277 360.04
Profitability
EBIT-%
ROA-0.1 %-0.2 %-0.2 %34.3 %14.1 %
ROE-1.2 %-1.3 %-1.4 %44.9 %17.7 %
ROI-0.1 %-0.2 %-0.2 %34.4 %14.1 %
Economic value added (EVA)- 559.86- 552.84- 545.90- 539.64- 851.51
Solvency
Equity ratio77.6 %75.9 %74.9 %75.3 %72.1 %
Gearing24.9 %26.2 %33.3 %32.6 %38.6 %
Relative net indebtedness %
Liquidity
Quick ratio
Current ratio
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:14.1%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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