KRISTENSEN PARTNERS III A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KRISTENSEN PARTNERS III A/S
KRISTENSEN PARTNERS III A/S (CVR number: 31053838K) is a company from AALBORG. The company recorded a gross profit of -337 kDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit was -674 kDKK, while net earnings were -86 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -0.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KRISTENSEN PARTNERS III A/S's liquidity measured by quick ratio was 72.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 6.28 | 4 958.00 | 4 201.00 | ||
Gross profit | 6.28 | 3 935.00 | 858.00 | - 337.00 | |
EBIT | 6.28 | 3 211.00 | -2 342.00 | - 674.00 | |
Net earnings | -5 309.00 | 3.77 | 1 847.00 | -23.00 | -86.00 |
Shareholders equity total | 38 300.00 | 41.91 | 43 570.00 | 15 602.00 | 15 563.00 |
Balance sheet total (assets) | 96 234.00 | 97.51 | 91 749.00 | 16 408.00 | 15 780.00 |
Net debt | -4 088.00 | -11.88 | 24 434.00 | -9 164.00 | -8 802.00 |
Profitability | |||||
EBIT-% | 100.0 % | 64.8 % | -55.7 % | ||
ROA | 0.0 % | 7.0 % | -4.3 % | -2.7 % | |
ROE | -7.3 % | 0.0 % | 9.4 % | -0.1 % | -0.6 % |
ROI | 0.0 % | 8.2 % | -4.9 % | -2.8 % | |
Economic value added (EVA) | -1 851.61 | -1 477.25 | 2 709.30 | -4 967.91 | - 802.05 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 47.5 % | 95.1 % | 98.6 % |
Gearing | 71.1 % | ||||
Relative net indebtedness % | -189.2 % | 759.9 % | -199.0 % | ||
Liquidity | |||||
Quick ratio | 0.6 | 20.4 | 72.7 | ||
Current ratio | 0.6 | 20.4 | 72.7 | ||
Cash and cash equivalents | 4 088.00 | 11.88 | 6 534.00 | 9 164.00 | 8 802.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 222.2 % | -134.3 % | 371.4 % | ||
Credit risk | |||||
Credit rating | BBB | BB | AA | B | BB |
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