KRISTENSEN COMPANY ApS — Credit Rating and Financial Key Figures

CVR number: 35806563
Bispensgade 2, 9000 Aalborg
kristensenco@kristensenco.dk
tel: 26257803

Credit rating

Company information

Official name
KRISTENSEN COMPANY ApS
Established
2014
Company form
Private limited company
Industry
  • Expand more icon79Travel agency, tour operator and other reservation service and related activities

About KRISTENSEN COMPANY ApS

KRISTENSEN COMPANY ApS (CVR number: 35806563) is a company from AALBORG. The company reported a net sales of 0 mDKK in 2023, demonstrating a decline of -90.7 % compared to the previous year. The operating profit percentage was poor at -199.2 % (EBIT: -0 mDKK), while net earnings were -10.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.6 %, which can be considered poor and Return on Equity (ROE) was -9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.5 %, 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. KRISTENSEN COMPANY ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales30.9922.7045.5749.944.63
Gross profit17.991.385.164.03-7.96
EBIT1.711.385.164.03-9.21
Net earnings0.851.383.030.55-10.82
Shareholders equity total135.71137.09140.12140.6799.18
Balance sheet total (assets)166.26207.41186.87212.06305.17
Net debt- 111.28-77.93-94.00-98.56-58.18
Profitability
EBIT-%5.5 %6.1 %11.3 %8.1 %-199.2 %
ROA1.1 %0.7 %2.6 %2.0 %-3.6 %
ROE0.6 %1.0 %2.2 %0.4 %-9.0 %
ROI1.3 %0.8 %2.7 %2.0 %-3.6 %
Economic value added (EVA)0.850.155.826.28-5.63
Solvency
Equity ratio81.6 %66.1 %75.0 %66.3 %32.5 %
Gearing38.1 %33.4 %50.5 %207.7 %
Relative net indebtedness %-260.5 %-263.8 %-206.2 %-196.5 %-1257.9 %
Liquidity
Quick ratio5.42.73.12.41.3
Current ratio5.42.73.12.41.3
Cash and cash equivalents111.28130.19140.74169.53264.17
Capital use efficiency
Trade debtors turnover (days)
Net working capital %437.9 %515.8 %210.6 %196.6 %1257.9 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-3.56%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.5%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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