ARNE KRISTENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31871832
Ndr. Strandvej 58, 8400 Ebeltoft

Company information

Official name
ARNE KRISTENSEN HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About ARNE KRISTENSEN HOLDING ApS

ARNE KRISTENSEN HOLDING ApS (CVR number: 31871832) is a company from SYDDJURS. The company recorded a gross profit of 0.6 kDKK in 2023. The operating profit was -95 kDKK, while net earnings were -43.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.4 %, which can be considered weak but Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ARNE KRISTENSEN 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit43.2347.2656.5220.440.56
EBIT-35.46-45.36-38.99-75.08-94.95
Net earnings-88.97191.74177.38570.17-43.79
Shareholders equity total1 030.971 222.711 343.601 856.571 753.88
Balance sheet total (assets)5 448.516 263.496 485.716 589.816 482.00
Net debt4 396.384 970.855 025.424 498.704 706.93
Profitability
EBIT-%
ROA1.4 %5.0 %4.4 %13.2 %2.4 %
ROE-8.1 %17.0 %13.8 %35.6 %-2.4 %
ROI1.4 %5.0 %4.5 %13.5 %2.4 %
Economic value added (EVA)- 214.65- 214.12- 201.97- 186.46- 171.01
Solvency
Equity ratio18.9 %19.5 %20.7 %28.2 %27.1 %
Gearing426.8 %406.5 %374.0 %242.9 %268.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.00.0
Current ratio0.10.10.10.00.0
Cash and cash equivalents3.5211.691.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:2.39%
Rating: 32/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.1%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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