KURT ANDERSEN, ØLGOD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25327225
Lindbjergvej 9, 6870 Ølgod

Company information

Official name
KURT ANDERSEN, ØLGOD HOLDING ApS
Personnel
1 person
Established
2000
Company form
Private limited company
Industry

About KURT ANDERSEN, ØLGOD HOLDING ApS

KURT ANDERSEN, ØLGOD HOLDING ApS (CVR number: 25327225) is a company from VARDE. The company recorded a gross profit of 55.7 kDKK in 2023. The operating profit was -358.7 kDKK, while net earnings were 1517.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KURT ANDERSEN, ØLGOD HOLDING ApS's liquidity measured by quick ratio was 178.1 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 profit25.0478.00-17.00-1 544.0055.72
EBIT- 381.25- 286.00- 530.00-7 472.00- 358.75
Net earnings- 583.682 769.005 476.004 950.001 517.38
Shareholders equity total25 269.5627 938.0033 301.0038 150.0039 267.64
Balance sheet total (assets)27 700.4830 277.0036 508.0039 254.0039 431.62
Net debt-1 712.96-2 978.00-4 974.00-20 923.00-21 280.74
Profitability
EBIT-%
ROA-1.5 %10.2 %17.0 %13.2 %4.6 %
ROE-2.3 %10.4 %17.9 %13.9 %3.9 %
ROI-1.6 %10.3 %17.1 %13.5 %4.7 %
Economic value added (EVA)332.92296.21293.28-6 538.03- 537.35
Solvency
Equity ratio91.2 %92.3 %91.2 %97.2 %99.6 %
Gearing8.7 %7.7 %8.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio11.613.36.726.7178.1
Current ratio11.613.36.726.7178.1
Cash and cash equivalents3 914.625 122.007 643.0020 924.0021 281.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:4.60%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 94/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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