M. KIRK A/S — Credit Rating and Financial Key Figures

CVR number: 29815917
Havneøen 1, 7100 Vejle
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Company information

Official name
M. KIRK A/S
Personnel
3 persons
Established
2008
Company form
Limited company
Industry

About M. KIRK A/S

M. KIRK A/S (CVR number: 29815917) is a company from VEJLE. The company recorded a gross profit of -1666 kDKK in 2024. The operating profit was -3038 kDKK, while net earnings were 19.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74.7 %, 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 6.5 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-6 812.00-3 847.00- 838.00-1 457.00-1 666.00
EBIT-9 261.00-6 653.00-3 412.00-4 964.00-3 038.00
Net earnings15 965.0056 868.00- 119.007 661.0019 320.00
Shareholders equity total773 631.00221 818.00221 949.00229 609.00248 929.00
Balance sheet total (assets)903 087.00304 334.00291 833.00302 322.00333 450.00
Net debt- 696 581.0029 278.00-18 526.00- 118 565.00- 136 797.00
Profitability
EBIT-%
ROA3.9 %12.6 %1.0 %3.2 %7.3 %
ROE2.1 %11.4 %-0.1 %3.4 %8.1 %
ROI4.0 %13.0 %1.0 %3.2 %7.3 %
Economic value added (EVA)-52 797.37-49 195.11-18 268.49-19 624.00-17 979.91
Solvency
Equity ratio85.7 %72.9 %76.1 %75.9 %74.7 %
Gearing13.2 %32.6 %31.4 %31.2 %33.1 %
Relative net indebtedness %
Liquidity
Quick ratio10.81.65.29.16.5
Current ratio10.81.65.29.16.5
Cash and cash equivalents798 753.0043 001.0088 294.00190 279.00219 244.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:7.29%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.7%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

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