Kurt Falk ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kurt Falk ApS
Kurt Falk ApS (CVR number: 39305372) is a company from BALLERUP. The company recorded a gross profit of 156.6 kDKK in 2023. The operating profit was -6.8 kDKK, while net earnings were -7.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.9 %, which can be considered poor and Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -23.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Kurt Falk ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 176.76 | 92.26 | 29.04 | 47.98 | 156.63 |
EBIT | 18.81 | - 111.34 | 27.09 | -58.89 | -6.77 |
Net earnings | 14.39 | - 111.86 | 25.72 | -32.12 | -7.28 |
Shareholders equity total | 68.50 | -43.36 | -17.64 | -49.76 | -57.04 |
Balance sheet total (assets) | 217.07 | 100.72 | 96.07 | 166.15 | 189.47 |
Net debt | - 181.38 | -79.01 | 6.93 | 47.88 | 16.65 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.0 % | -61.7 % | 21.0 % | -35.7 % | -2.9 % |
ROE | 23.5 % | -132.2 % | 26.1 % | -24.5 % | -4.1 % |
ROI | 29.8 % | -296.3 % | 55.6 % | -42.6 % | -3.8 % |
Economic value added (EVA) | 18.55 | - 105.58 | 33.49 | -36.63 | 3.70 |
Solvency | |||||
Equity ratio | 31.6 % | -30.1 % | -15.5 % | -23.0 % | -23.1 % |
Gearing | 2.3 % | -11.6 % | -524.1 % | -369.8 % | -306.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 0.7 | 0.8 | 0.8 | 0.8 |
Current ratio | 1.5 | 0.7 | 0.8 | 0.8 | 0.8 |
Cash and cash equivalents | 182.99 | 84.06 | 85.52 | 136.14 | 157.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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