KIRKGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32443486
Højvangen 8, 6950 Ringkøbing

Credit rating

Company information

Official name
KIRKGAARD HOLDING ApS
Established
2009
Company form
Private limited company
Industry

About KIRKGAARD HOLDING ApS

KIRKGAARD HOLDING ApS (CVR number: 32443486) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -16.4 kDKK in 2018. The operating profit was -16.4 kDKK, while net earnings were -14.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KIRKGAARD HOLDING ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales
Gross profit-17.41-18.46-16.45
EBIT-17.41-18.46-16.45
Net earnings592.45130.12-14.81
Shareholders equity total1 492.951 013.07718.25
Balance sheet total (assets)1 499.461 020.20725.77
Net debt-31.06-3.10-7.03
Profitability
EBIT-%
ROA39.5 %10.3 %-1.7 %
ROE39.7 %10.4 %-1.7 %
ROI39.7 %10.4 %-1.7 %
Economic value added (EVA)-17.415.560.00
Solvency
Equity ratio99.6 %99.3 %99.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.80.40.9
Current ratio4.80.40.9
Cash and cash equivalents31.063.107.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBB

Variable visualization

ROA:-1.70%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.0%
Rating: 84/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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