KORTBÆK KUNST ApS — Credit Rating and Financial Key Figures

CVR number: 33583141
Mimersvej 34, 8800 Viborg
kortbaekkunst@hotmail.dk
tel: 86672964

Credit rating

Company information

Official name
KORTBÆK KUNST ApS
Established
2011
Company form
Private limited company
Industry
  • Expand more icon90Creative, arts and entertainment activities

About KORTBÆK KUNST ApS

KORTBÆK KUNST ApS (CVR number: 33583141) is a company from VIBORG. The company recorded a gross profit of 19.1 kDKK in 2023. The operating profit was 19.1 kDKK, while net earnings were 14.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.2 %, which can be considered excellent but Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 82.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KORTBÆK KUNST ApS's liquidity measured by quick ratio was 5.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit24.0015.0019.002.2019.13
EBIT24.0015.0019.002.2019.13
Net earnings19.0011.0014.002.9714.73
Shareholders equity total107.0099.00105.0095.64102.37
Balance sheet total (assets)125.00122.00131.00113.77123.52
Net debt- 118.00- 110.00- 103.00- 111.42- 116.01
Profitability
EBIT-%
ROA18.7 %12.1 %15.0 %3.8 %16.2 %
ROE17.0 %10.7 %13.7 %3.0 %14.9 %
ROI20.7 %13.6 %16.7 %4.4 %19.4 %
Economic value added (EVA)19.6012.5915.832.8115.71
Solvency
Equity ratio85.6 %81.1 %80.2 %84.1 %82.9 %
Gearing4.7 %10.1 %13.3 %
Relative net indebtedness %
Liquidity
Quick ratio6.95.35.06.35.8
Current ratio6.95.35.06.35.8
Cash and cash equivalents123.00120.00117.00111.42116.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:16.2%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.9%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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