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 icon901200

About KORTBÆK KUNST ApS

KORTBÆK KUNST ApS (CVR number: 33583141) is a company from VIBORG. The company recorded a gross profit of -5.7 kDKK in 2024. The operating profit was -5.7 kDKK, while net earnings were -5.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -5.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KORTBÆK KUNST ApS's liquidity measured by quick ratio was 4.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit15.0019.002.2019.13-5.73
EBIT15.0019.002.2019.13-5.73
Net earnings11.0014.002.9714.73-5.13
Shareholders equity total99.00105.0095.64102.3783.24
Balance sheet total (assets)122.00131.00113.77123.52109.13
Net debt- 110.00- 103.00- 111.42- 116.01- 106.39
Profitability
EBIT-%
ROA12.1 %15.0 %3.8 %16.2 %-4.7 %
ROE10.7 %13.7 %3.0 %14.9 %-5.5 %
ROI13.6 %16.7 %4.4 %19.4 %-5.9 %
Economic value added (EVA)12.5915.832.8115.71-4.11
Solvency
Equity ratio81.1 %80.2 %84.1 %82.9 %76.3 %
Gearing10.1 %13.3 %
Relative net indebtedness %
Liquidity
Quick ratio5.35.06.35.84.2
Current ratio5.35.06.35.84.2
Cash and cash equivalents120.00117.00111.42116.01106.39
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-4.70%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.3%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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