KIM FARCINSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29775559
Dybbølsgade 24, 7500 Holstebro

Company information

Official name
KIM FARCINSEN HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About KIM FARCINSEN HOLDING ApS

KIM FARCINSEN HOLDING ApS (CVR number: 29775559) is a company from HOLSTEBRO. The company recorded a gross profit of 50.9 kDKK in 2023. The operating profit was 50.9 kDKK, while net earnings were 910.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.9 %, which can be considered good and Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 91 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KIM FARCINSEN HOLDING ApS's liquidity measured by quick ratio was 2.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit34.54106.8766.6838.8250.93
EBIT26.7697.5456.0738.8250.93
Net earnings670.251 710.65454.43614.15910.88
Shareholders equity total4 257.285 912.636 117.056 531.207 242.08
Balance sheet total (assets)4 459.106 204.616 204.816 798.607 960.63
Net debt-41.95- 301.54- 722.69- 354.62153.53
Profitability
EBIT-%
ROA17.2 %32.7 %7.8 %9.8 %12.9 %
ROE17.7 %33.6 %7.6 %9.7 %13.2 %
ROI17.8 %34.3 %8.1 %10.0 %13.0 %
Economic value added (EVA)- 143.71- 140.35- 256.58- 280.10- 302.45
Solvency
Equity ratio95.5 %95.3 %98.6 %96.1 %91.0 %
Gearing3.1 %9.2 %
Relative net indebtedness %
Liquidity
Quick ratio5.76.222.58.52.4
Current ratio5.76.222.58.52.4
Cash and cash equivalents41.95301.54722.69554.47514.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:12.9%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.0%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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