KRISTENSEN COMPANY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 30.99 | 22.70 | 45.57 | 49.94 | 4.63 |
Gross profit | 17.99 | 1.38 | 5.16 | 4.03 | -7.96 |
EBIT | 1.71 | 1.38 | 5.16 | 4.03 | -9.21 |
Net earnings | 0.85 | 1.38 | 3.03 | 0.55 | -10.82 |
Shareholders equity total | 135.71 | 137.09 | 140.12 | 140.67 | 99.18 |
Balance sheet total (assets) | 166.26 | 207.41 | 186.87 | 212.06 | 305.17 |
Net debt | - 111.28 | -77.93 | -94.00 | -98.56 | -58.18 |
Profitability | |||||
EBIT-% | 5.5 % | 6.1 % | 11.3 % | 8.1 % | -199.2 % |
ROA | 1.1 % | 0.7 % | 2.6 % | 2.0 % | -3.6 % |
ROE | 0.6 % | 1.0 % | 2.2 % | 0.4 % | -9.0 % |
ROI | 1.3 % | 0.8 % | 2.7 % | 2.0 % | -3.6 % |
Economic value added (EVA) | 0.85 | 0.15 | 5.82 | 6.28 | -5.63 |
Solvency | |||||
Equity ratio | 81.6 % | 66.1 % | 75.0 % | 66.3 % | 32.5 % |
Gearing | 38.1 % | 33.4 % | 50.5 % | 207.7 % | |
Relative net indebtedness % | -260.5 % | -263.8 % | -206.2 % | -196.5 % | -1257.9 % |
Liquidity | |||||
Quick ratio | 5.4 | 2.7 | 3.1 | 2.4 | 1.3 |
Current ratio | 5.4 | 2.7 | 3.1 | 2.4 | 1.3 |
Cash and cash equivalents | 111.28 | 130.19 | 140.74 | 169.53 | 264.17 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 437.9 % | 515.8 % | 210.6 % | 196.6 % | 1257.9 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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