Credit rating
Company information
About M. KIRK A/S
M. KIRK A/S (CVR number: 29815917) is a company from VEJLE. The company recorded a gross profit of -1457 kDKK in 2023. The operating profit was -4964 kDKK, while net earnings were 7661 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 75.9 %, 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. M. KIRK A/S's liquidity measured by quick ratio was 9.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4 960.00 | -6 812.00 | -3 847.00 | - 838.00 | -1 457.00 |
EBIT | -7 189.00 | -9 261.00 | -6 653.00 | -3 412.00 | -4 964.00 |
Net earnings | 56 509.00 | 15 965.00 | 56 868.00 | - 119.00 | 7 661.00 |
Shareholders equity total | 777 666.00 | 773 631.00 | 221 818.00 | 221 949.00 | 229 610.00 |
Balance sheet total (assets) | 895 421.00 | 903 087.00 | 304 334.00 | 291 833.00 | 302 322.00 |
Net debt | - 690 738.00 | - 696 581.00 | 29 278.00 | -18 526.00 | - 118 565.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.8 % | 3.9 % | 12.6 % | 1.0 % | 3.2 % |
ROE | 7.3 % | 2.1 % | 11.4 % | -0.1 % | 3.4 % |
ROI | 7.9 % | 4.0 % | 13.0 % | 1.0 % | 3.2 % |
Economic value added (EVA) | -8 960.23 | -8 282.00 | -6 314.12 | -6 264.87 | -9 104.92 |
Solvency | |||||
Equity ratio | 86.8 % | 85.7 % | 72.9 % | 76.1 % | 75.9 % |
Gearing | 12.0 % | 13.2 % | 32.6 % | 31.4 % | 31.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.9 | 10.8 | 1.6 | 5.2 | 9.1 |
Current ratio | 6.9 | 10.8 | 1.6 | 5.2 | 9.1 |
Cash and cash equivalents | 784 279.00 | 798 753.00 | 43 001.00 | 88 294.00 | 190 279.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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