KULTURRETUR A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KULTURRETUR A/S
KULTURRETUR A/S (CVR number: 29809895) is a company from AARHUS. The company recorded a gross profit of 72.4 kDKK in 2024. The operating profit was -393.3 kDKK, while net earnings were -400.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.3 %, which can be considered poor and Return on Equity (ROE) was -32.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KULTURRETUR A/S's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 124.55 | 352.02 | 980.41 | 1 066.68 | 72.37 |
EBIT | - 120.78 | 166.48 | 527.31 | 589.04 | - 393.31 |
Net earnings | - 199.92 | 168.75 | 389.11 | 477.63 | - 400.36 |
Shareholders equity total | 541.33 | 710.08 | 1 099.20 | 1 576.83 | 876.47 |
Balance sheet total (assets) | 2 103.12 | 2 212.11 | 2 410.94 | 2 536.91 | 2 027.52 |
Net debt | -1 010.15 | -1 456.67 | -2 156.68 | -2 188.37 | -1 604.45 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.9 % | 7.9 % | 23.0 % | 24.8 % | -16.3 % |
ROE | -31.2 % | 27.0 % | 43.0 % | 35.7 % | -32.6 % |
ROI | -15.2 % | 23.1 % | 52.1 % | 41.4 % | -25.5 % |
Economic value added (EVA) | - 123.64 | 230.95 | 453.15 | 518.15 | - 384.79 |
Solvency | |||||
Equity ratio | 30.1 % | 33.5 % | 45.6 % | 62.2 % | 43.2 % |
Gearing | 20.4 % | 15.6 % | 10.9 % | 10.9 % | 32.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.6 | 1.8 | 2.6 | 1.8 |
Current ratio | 1.3 | 1.5 | 1.8 | 2.6 | 1.8 |
Cash and cash equivalents | 1 120.64 | 1 567.10 | 2 276.84 | 2 359.52 | 1 886.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
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