KRISTENSEN PARTNERS III A/S — Credit Rating and Financial Key Figures

CVR number: 31053838
Skibsbyggerivej 5, 9000 Aalborg
tel: 70228880

Company information

Official name
KRISTENSEN PARTNERS III A/S
Personnel
3 persons
Established
2007
Company form
Limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales6.284 958.004 201.00
Gross profit6.283 935.00858.00- 337.00
EBIT6.283 211.00-2 342.00- 674.00
Net earnings-5 309.003.771 847.00-23.00-86.00
Shareholders equity total38 300.0041.9143 570.0015 602.0015 563.00
Balance sheet total (assets)96 234.0097.5191 749.0016 408.0015 780.00
Net debt-4 088.00-11.8824 434.00-9 164.00-8 802.00
Profitability
EBIT-%100.0 %64.8 %-55.7 %
ROA0.0 %7.0 %-4.3 %-2.7 %
ROE-7.3 %0.0 %9.4 %-0.1 %-0.6 %
ROI0.0 %8.2 %-4.9 %-2.8 %
Economic value added (EVA)-1 851.61-1 477.252 709.30-4 967.91- 802.05
Solvency
Equity ratio100.0 %100.0 %47.5 %95.1 %98.6 %
Gearing71.1 %
Relative net indebtedness %-189.2 %759.9 %-199.0 %
Liquidity
Quick ratio0.620.472.7
Current ratio0.620.472.7
Cash and cash equivalents4 088.0011.886 534.009 164.008 802.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %222.2 %-134.3 %371.4 %
Credit risk
Credit ratingBBBBBAABBB

Variable visualization

ROA:-2.72%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member
Chief executive officer

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