KORTBÆK KUNST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 15.00 | 19.00 | 2.20 | 19.13 | -5.73 |
EBIT | 15.00 | 19.00 | 2.20 | 19.13 | -5.73 |
Net earnings | 11.00 | 14.00 | 2.97 | 14.73 | -5.13 |
Shareholders equity total | 99.00 | 105.00 | 95.64 | 102.37 | 83.24 |
Balance sheet total (assets) | 122.00 | 131.00 | 113.77 | 123.52 | 109.13 |
Net debt | - 110.00 | - 103.00 | - 111.42 | - 116.01 | - 106.39 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.1 % | 15.0 % | 3.8 % | 16.2 % | -4.7 % |
ROE | 10.7 % | 13.7 % | 3.0 % | 14.9 % | -5.5 % |
ROI | 13.6 % | 16.7 % | 4.4 % | 19.4 % | -5.9 % |
Economic value added (EVA) | 12.59 | 15.83 | 2.81 | 15.71 | -4.11 |
Solvency | |||||
Equity ratio | 81.1 % | 80.2 % | 84.1 % | 82.9 % | 76.3 % |
Gearing | 10.1 % | 13.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.3 | 5.0 | 6.3 | 5.8 | 4.2 |
Current ratio | 5.3 | 5.0 | 6.3 | 5.8 | 4.2 |
Cash and cash equivalents | 120.00 | 117.00 | 111.42 | 116.01 | 106.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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