K.KRISTENSEN & SØN ApS
Credit rating
Company information
About K.KRISTENSEN & SØN ApS
K.KRISTENSEN & SØN ApS (CVR number: 70471418) is a company from BRØNDBY. The company recorded a gross profit of 1576.7 kDKK in 2023. The operating profit was -877.7 kDKK, while net earnings were -713.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37 %, which can be considered poor and Return on Equity (ROE) was -85.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. K.KRISTENSEN & SØN ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 342.82 | 2 325.59 | 2 037.20 | 2 479.69 | 1 576.70 |
EBIT | 103.79 | 101.82 | - 344.90 | 52.12 | - 877.73 |
Net earnings | 75.65 | 57.77 | - 290.47 | 15.16 | - 713.35 |
Shareholders equity total | 1 713.78 | 1 660.94 | 1 290.48 | 1 191.24 | 477.89 |
Balance sheet total (assets) | 2 904.45 | 3 051.75 | 2 787.89 | 2 837.63 | 1 896.00 |
Net debt | -1 095.72 | -1 467.42 | - 847.12 | - 222.97 | 63.50 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.9 % | 3.5 % | -11.8 % | 1.9 % | -37.0 % |
ROE | 4.4 % | 3.4 % | -19.7 % | 1.2 % | -85.5 % |
ROI | 6.8 % | 5.7 % | -19.7 % | 3.4 % | -73.6 % |
Economic value added (EVA) | 19.28 | 48.10 | - 268.24 | 28.99 | - 716.98 |
Solvency | |||||
Equity ratio | 59.0 % | 54.7 % | 46.3 % | 42.0 % | 25.2 % |
Gearing | 1.1 % | 16.5 % | 21.2 % | 28.9 % | 77.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 1.9 | 1.4 | 1.3 | 0.7 |
Current ratio | 2.3 | 2.1 | 1.7 | 1.6 | 1.2 |
Cash and cash equivalents | 1 114.19 | 1 741.40 | 1 121.10 | 567.33 | 304.76 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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