Credit rating
Company information
About T KRISTENSEN HOLDING ApS
T KRISTENSEN HOLDING ApS (CVR number: 32659462) is a company from VESTHIMMERLANDS. The company reported a net sales of 14.8 mDKK in 2023, demonstrating a growth of 63.7 % compared to the previous year. The operating profit percentage was at 99.1 % (EBIT: 14.7 mDKK), while net earnings were 19.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.4 %, which can be considered good and Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. T KRISTENSEN HOLDING ApS's liquidity measured by quick ratio was 684.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 23 039.00 | 9 465.00 | 17 514.00 | 9 061.00 | 14 835.56 |
Gross profit | 23 021.00 | 9 444.00 | 17 453.00 | 8 936.00 | 14 696.60 |
EBIT | 23 021.00 | 9 444.00 | 17 453.00 | 8 936.00 | 14 696.60 |
Net earnings | 23 023.00 | 11 249.00 | 14 642.00 | 11 459.00 | 19 274.98 |
Shareholders equity total | 110 844.00 | 121 829.00 | 139 536.00 | 154 441.00 | 173 714.80 |
Balance sheet total (assets) | 114 579.00 | 123 737.00 | 147 864.00 | 156 498.00 | 174 988.49 |
Net debt | 303.00 | -44 122.00 | -20 505.00 | -40 855.00 | -47 275.74 |
Profitability | |||||
EBIT-% | 99.9 % | 99.8 % | 99.7 % | 98.6 % | 99.1 % |
ROA | 22.4 % | 9.9 % | 13.3 % | 8.0 % | 12.4 % |
ROE | 23.1 % | 9.7 % | 11.2 % | 7.8 % | 11.7 % |
ROI | 22.9 % | 10.0 % | 13.4 % | 8.0 % | 12.5 % |
Economic value added (EVA) | 24 570.99 | 11 625.55 | 18 341.62 | 7 850.93 | 12 794.53 |
Solvency | |||||
Equity ratio | 96.7 % | 98.5 % | 94.4 % | 98.7 % | 99.3 % |
Gearing | 0.3 % | 1.3 % | 5.9 % | 0.3 % | 0.1 % |
Relative net indebtedness % | 16.2 % | -462.9 % | -116.6 % | -433.3 % | -310.9 % |
Liquidity | |||||
Quick ratio | 15.2 | 36.2 | 8.4 | 44.2 | 684.5 |
Current ratio | 15.2 | 36.2 | 8.4 | 44.2 | 684.5 |
Cash and cash equivalents | 2.00 | 45 725.00 | 28 749.00 | 41 317.00 | 47 392.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 19.2 % | 483.1 % | 213.2 % | 590.6 % | 289.6 % |
Credit risk | |||||
Credit rating | AA | AA | AA | AAA | AA |
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