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Kjartan Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kjartan Holding ApS
Kjartan Holding ApS (CVR number: 39658127) is a company from SLAGELSE. The company recorded a gross profit of -5.8 kDKK in 2024. The operating profit was -5.8 kDKK, while net earnings were -135.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.5 %, which can be considered excellent but Return on Equity (ROE) was -110.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -45.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Kjartan Holding ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -4.17 | -4.39 | -4.51 | -4.97 | -5.84 |
| EBIT | -4.17 | -4.39 | -4.51 | -4.97 | -5.84 |
| Net earnings | -4.57 | 55.42 | 39.48 | 47.70 | - 135.64 |
| Shareholders equity total | 41.15 | 96.56 | 136.05 | 183.75 | -51.89 |
| Balance sheet total (assets) | 68.34 | 143.69 | 238.16 | 240.02 | 61.53 |
| Net debt | 25.33 | 45.01 | 42.52 | 47.64 | 102.47 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -5.9 % | 90.2 % | 25.9 % | 21.7 % | 27.5 % |
| ROE | -10.5 % | 80.5 % | 33.9 % | 29.8 % | -110.6 % |
| ROI | -7.2 % | 90.2 % | 25.9 % | 21.7 % | -29.1 % |
| Economic value added (EVA) | -6.52 | -7.82 | -11.73 | -16.94 | -17.90 |
| Solvency | |||||
| Equity ratio | 60.2 % | 67.2 % | 57.1 % | 76.6 % | -45.8 % |
| Gearing | 65.9 % | 48.8 % | 38.3 % | 30.6 % | -218.6 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.7 | 2.0 | 3.6 | 3.4 | 0.5 |
| Current ratio | 0.7 | 2.0 | 3.6 | 3.4 | 0.5 |
| Cash and cash equivalents | 1.77 | 2.10 | 9.58 | 8.63 | 10.94 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | B |
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