KURT KIRKEGAARD A/S — Credit Rating and Financial Key Figures

CVR number: 34878803
Kornmarken 1, 7190 Billund
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Credit rating

Company information

Official name
KURT KIRKEGAARD A/S
Personnel
90 persons
Established
2012
Company form
Limited company
Industry

About KURT KIRKEGAARD A/S

KURT KIRKEGAARD A/S (CVR number: 34878803) is a company from BILLUND. The company recorded a gross profit of 49.4 mDKK in 2024. The operating profit was 4853.5 kDKK, while net earnings were 3394.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.5 %, which can be considered excellent and Return on Equity (ROE) was 74.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 27.6 %, 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. KURT KIRKEGAARD A/S's liquidity measured by quick ratio was 1.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit33 536.4828 245.3034 715.2735 707.8349 447.15
EBIT-1 386.982 596.105 693.001 217.484 853.50
Net earnings-1 305.82885.092 671.26424.283 394.61
Shareholders equity total2 702.353 587.446 258.702 882.986 277.60
Balance sheet total (assets)21 439.6919 393.9129 500.4623 099.2532 486.14
Net debt1 751.046 879.137 567.017 866.237 962.30
Profitability
EBIT-%
ROA-6.1 %12.5 %23.3 %4.7 %17.5 %
ROE-31.8 %28.1 %54.3 %9.3 %74.1 %
ROI-13.6 %26.0 %39.9 %8.4 %33.1 %
Economic value added (EVA)-1 706.361 187.783 458.84859.353 121.61
Solvency
Equity ratio13.0 %18.7 %21.4 %23.4 %27.6 %
Gearing96.5 %191.9 %121.0 %272.9 %126.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.41.51.31.4
Current ratio1.21.41.51.31.5
Cash and cash equivalents855.924.674.330.362.61
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.5%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.6%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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