PALLE B. KRISTENSEN INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 31872219
Algade 14, 7900 Nykøbing M
tel: 97720044

Credit rating

Company information

Official name
PALLE B. KRISTENSEN INVEST ApS
Established
2008
Company form
Private limited company
Industry

About PALLE B. KRISTENSEN INVEST ApS

PALLE B. KRISTENSEN INVEST ApS (CVR number: 31872219) is a company from MORSØ. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a growth of -404.9 % compared to the previous year. The operating profit percentage was at 31.8 % (EBIT: 0 mDKK), while net earnings were 17.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 90.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PALLE B. KRISTENSEN INVEST ApS's liquidity measured by quick ratio was 0.3 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales434.431 019.09449.12-17.1552.28
Gross profit432.231 017.83445.02-21.3716.64
EBIT432.231 017.83445.02-21.3716.64
Net earnings398.56993.48438.88-33.1117.77
Shareholders equity total1 354.932 237.812 563.692 416.182 316.15
Balance sheet total (assets)2 298.463 146.083 337.312 880.462 552.17
Net debt869.66621.34367.98458.88229.51
Profitability
EBIT-%99.5 %99.9 %99.1 %31.8 %
ROA20.3 %37.7 %13.9 %-0.0 %0.6 %
ROE34.5 %55.3 %18.3 %-1.3 %0.8 %
ROI20.8 %40.4 %15.5 %-0.0 %0.6 %
Economic value added (EVA)537.121 122.16563.0642.5580.86
Solvency
Equity ratio58.9 %71.1 %76.8 %83.9 %90.8 %
Gearing64.2 %27.8 %14.4 %19.0 %10.0 %
Relative net indebtedness %217.2 %89.1 %172.3 %-2707.6 %449.5 %
Liquidity
Quick ratio0.10.61.41.00.3
Current ratio0.10.61.41.00.3
Cash and cash equivalents1.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-172.1 %-26.6 %52.6 %34.1 %-302.5 %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:0.61%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.8%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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