K. KRISTENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 21438774
Rugbjergvej 59, 6623 Vorbasse
kk@kristensen.dk
tel: 28442166

Credit rating

Company information

Official name
K. KRISTENSEN HOLDING ApS
Established
1998
Company form
Private limited company
Industry

About K. KRISTENSEN HOLDING ApS

K. KRISTENSEN HOLDING ApS (CVR number: 21438774K) is a company from BILLUND. The company recorded a gross profit of 46.1 mDKK in 2023. The operating profit was 5543.7 kDKK, while net earnings were 4778.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 21.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.1 %, 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. K. KRISTENSEN HOLDING ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit37 266.0045 403.0045 311.0051 327.4946 088.43
EBIT8 255.0012 561.004 179.004 075.505 543.71
Net earnings5 800.009 482.003 817.003 236.604 778.88
Shareholders equity total24 835.0032 767.0035 941.0039 125.0343 481.62
Balance sheet total (assets)53 073.0058 010.0077 956.0081 285.1468 934.17
Net debt22 640.4011 873.52
Profitability
EBIT-%
ROA15.5 %22.6 %6.1 %5.2 %8.3 %
ROE32.7 %32.9 %11.1 %11.3 %21.3 %
ROI17.6 %22.6 %6.1 %5.8 %10.1 %
Economic value added (EVA)7 077.6011 313.042 532.461 770.362 970.24
Solvency
Equity ratio100.0 %100.0 %100.0 %48.2 %63.1 %
Gearing59.7 %31.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.8
Current ratio1.31.6
Cash and cash equivalents731.501 760.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:8.27%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.1%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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