KURT BIRK ApS — Credit Rating and Financial Key Figures

CVR number: 25159098
Dalmosevej 10, 4100 Ringsted
kb@kurtbirk.dk
tel: 20228722

Credit rating

Company information

Official name
KURT BIRK ApS
Personnel
1 person
Established
2000
Company form
Private limited company
Industry
  • Expand more icon733000

About KURT BIRK ApS

KURT BIRK ApS (CVR number: 25159098) is a company from RINGSTED. The company recorded a gross profit of -18.5 kDKK in 2023. The operating profit was -198.5 kDKK, while net earnings were 23.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 96.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KURT BIRK ApS's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-19.04-9.61-9.58-15.37-18.49
EBIT-24.62-15.40-64.97-17.87- 198.49
Net earnings2.8355.6839.8630.7623.83
Shareholders equity total1 777.871 722.951 649.811 566.171 472.20
Balance sheet total (assets)1 785.371 730.451 668.721 573.701 523.59
Net debt-1 270.40- 849.31-1 468.65- 289.67-54.86
Profitability
EBIT-%
ROA0.3 %4.5 %3.7 %3.2 %1.5 %
ROE0.2 %3.2 %2.4 %1.9 %1.6 %
ROI0.3 %4.5 %3.8 %3.3 %1.6 %
Economic value added (EVA)-38.55-25.89-82.93-9.43- 249.74
Solvency
Equity ratio99.6 %99.6 %98.9 %99.5 %96.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio174.6115.978.338.91.5
Current ratio174.6115.978.338.91.5
Cash and cash equivalents1 270.40849.311 468.65289.6754.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.55%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.6%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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