Kirkegaard Estate Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38906208
Acaciavej 3, 1867 Frederiksberg C
stine@noisepr.com
tel: 22446048

Credit rating

Company information

Official name
Kirkegaard Estate Holding ApS
Established
2017
Company form
Private limited company
Industry

About Kirkegaard Estate Holding ApS

Kirkegaard Estate Holding ApS (CVR number: 38906208) is a company from FREDERIKSBERG. The company recorded a gross profit of 1459.3 kDKK in 2024. The operating profit was 1459.3 kDKK, while net earnings were -1900.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -58.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 15.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Kirkegaard Estate Holding ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit1 740.001 629.351 642.301 249.461 459.28
EBIT2 740.002 329.352 290.44801.341 459.28
Net earnings1 570.141 179.351 127.99- 931.71-1 900.21
Shareholders equity total2 809.703 989.065 117.054 185.342 285.13
Balance sheet total (assets)60 885.1566 525.0768 844.1968 415.7666 640.73
Net debt50 421.5050 865.5660 972.5861 763.8561 383.69
Profitability
EBIT-%
ROA4.6 %3.6 %3.4 %0.3 %-0.6 %
ROE77.6 %34.7 %24.8 %-20.0 %-58.7 %
ROI4.9 %4.2 %3.8 %0.3 %-0.6 %
Economic value added (EVA)- 790.33- 950.75-1 020.63-2 747.34-2 029.81
Solvency
Equity ratio16.5 %17.1 %18.8 %17.7 %15.5 %
Gearing1824.1 %1277.1 %1191.6 %1475.7 %2686.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.00.10.10.1
Current ratio0.20.00.10.10.1
Cash and cash equivalents830.6280.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:-0.57%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.5%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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