KULTORVET 9-13 A/S — Credit Rating and Financial Key Figures

CVR number: 31373174
Meldahlsgade 5, 1613 København V
info@fhmanagement.dk

Credit rating

Company information

Official name
KULTORVET 9-13 A/S
Established
2008
Company form
Limited company
Industry

About KULTORVET 9-13 A/S

KULTORVET 9-13 A/S (CVR number: 31373174) is a company from KØBENHAVN. The company recorded a gross profit of 5344.6 kDKK in 2023. The operating profit was 4711.6 kDKK, while net earnings were 2864.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 44.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KULTORVET 9-13 A/S's liquidity measured by quick ratio was 0.1 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 profit2 706.123 138.644 342.884 690.885 344.59
EBIT2 344.822 758.643 847.884 090.884 711.59
Net earnings682.241 200.362 079.352 252.642 864.58
Shareholders equity total10 889.7725 949.3745 085.4152 940.4166 904.48
Balance sheet total (assets)80 560.95104 472.92127 667.65136 158.50150 860.37
Net debt63 991.1068 381.1666 238.7463 284.2059 346.03
Profitability
EBIT-%
ROA3.0 %3.0 %3.3 %3.1 %3.3 %
ROE7.5 %6.5 %5.9 %4.6 %4.8 %
ROI3.1 %3.1 %3.4 %3.2 %3.4 %
Economic value added (EVA)- 376.93- 220.95- 116.57- 808.71- 604.60
Solvency
Equity ratio13.5 %24.8 %35.3 %38.9 %44.3 %
Gearing592.4 %264.9 %150.5 %126.3 %95.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.10.1
Current ratio0.00.00.00.10.1
Cash and cash equivalents517.56369.351 631.303 558.504 530.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:3.33%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:44.3%
Rating: 36/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Chief executive officer
Board member

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