KURTZ-HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30544285
Blåbærvænget 10, Hesselbjerg 5932 Humble
ibm@youmail.dk
tel: 20467485

Credit rating

Company information

Official name
KURTZ-HOLDING ApS
Established
2008
Domicile
Hesselbjerg
Company form
Private limited company
Industry
  • Expand more icon649990

About KURTZ-HOLDING ApS

KURTZ-HOLDING ApS (CVR number: 30544285) is a company from LANGELAND. The company recorded a gross profit of -11.7 kDKK in 2023. The operating profit was -11.7 kDKK, while net earnings were -41.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KURTZ-HOLDING ApS's liquidity measured by quick ratio was 243.1 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales594.00979.001 224.42
Gross profit559.00951.001 197.831 730.47-11.69
EBIT559.00951.001 197.831 730.47-11.69
Net earnings590.001 056.001 219.621 694.50-41.58
Shareholders equity total3 908.004 856.005 425.656 669.156 277.56
Balance sheet total (assets)4 218.004 928.005 558.306 695.086 303.49
Net debt- 621.00- 589.00-2 328.29-3 216.74-6 298.38
Profitability
EBIT-%94.1 %97.1 %97.8 %
ROA13.4 %23.6 %23.7 %29.1 %1.1 %
ROE12.8 %24.1 %23.7 %28.0 %-0.6 %
ROI13.9 %24.6 %24.1 %29.5 %1.1 %
Economic value added (EVA)733.441 127.621 284.731 848.8113.14
Solvency
Equity ratio92.7 %98.5 %97.6 %99.6 %99.6 %
Gearing0.5 %0.1 %
Relative net indebtedness %-52.4 %-55.2 %-179.6 %
Liquidity
Quick ratio2.013.217.6162.8243.1
Current ratio2.013.217.6162.8243.1
Cash and cash equivalents621.00612.002 331.973 216.746 298.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %37.4 %69.1 %152.1 %
Credit risk
Credit ratingAAAABB

Variable visualization

ROA:1.05%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 94/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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