KIRSTEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 18444070
Østervej 29, 2600 Glostrup

Company information

Official name
KIRSTEN HOLDING ApS
Established
1995
Company form
Private limited company
Industry

About KIRSTEN HOLDING ApS

KIRSTEN HOLDING ApS (CVR number: 18444070) is a company from GLOSTRUP. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -90.6 % compared to the previous year. The operating profit percentage was at 100 % (EBIT: 0.2 mDKK), while net earnings were 153 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak and Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KIRSTEN HOLDING ApS's liquidity measured by quick ratio was 0 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales122.641 763.65204.181 634.11153.00
Gross profit122.641 763.65204.181 634.11153.00
EBIT119.761 763.65204.181 634.11153.00
Net earnings119.651 763.59204.131 634.13153.00
Shareholders equity total3 360.775 054.365 188.486 747.626 850.62
Balance sheet total (assets)3 367.555 054.365 188.486 747.626 850.62
Net debt4.49-6.42-1.23-2.98-7.90
Profitability
EBIT-%97.7 %100.0 %100.0 %100.0 %100.0 %
ROA3.6 %41.9 %4.0 %27.4 %2.3 %
ROE3.6 %41.9 %4.0 %27.4 %2.3 %
ROI3.6 %41.9 %4.0 %27.4 %2.3 %
Economic value added (EVA)120.901 763.99203.891 632.75151.13
Solvency
Equity ratio99.8 %100.0 %100.0 %100.0 %100.0 %
Gearing0.2 %
Relative net indebtedness %3.7 %-0.4 %-0.6 %-0.2 %-5.2 %
Liquidity
Quick ratio0.3
Current ratio0.3
Cash and cash equivalents2.296.421.232.987.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-3.7 %0.7 %14.0 %2.5 %50.3 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:2.25%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:100.0%
Rating: 100/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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