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 174.9 kDKK in 2024. The operating profit was -23.9 kDKK, while net earnings were -18.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.1 %, which can be considered poor and Return on Equity (ROE) was -11.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -34.3 %. 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 0.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 92.26 | 29.04 | 47.98 | 156.63 | 174.93 |
EBIT | - 111.34 | 27.09 | -58.89 | -6.77 | -23.95 |
Net earnings | - 111.86 | 25.72 | -32.12 | -7.28 | -18.56 |
Shareholders equity total | -43.36 | -17.64 | -49.76 | -57.04 | -75.60 |
Balance sheet total (assets) | 100.72 | 96.07 | 166.15 | 189.47 | 144.87 |
Net debt | -79.01 | 6.93 | 47.88 | 16.65 | 101.64 |
Profitability | |||||
EBIT-% | |||||
ROA | -61.7 % | 21.0 % | -35.7 % | -2.9 % | -10.1 % |
ROE | -132.2 % | 26.1 % | -24.5 % | -4.1 % | -11.1 % |
ROI | -296.3 % | 55.6 % | -42.6 % | -3.8 % | -13.7 % |
Economic value added (EVA) | - 114.86 | 29.01 | -45.57 | -12.39 | -24.62 |
Solvency | |||||
Equity ratio | -30.1 % | -15.5 % | -23.0 % | -23.1 % | -34.3 % |
Gearing | -11.6 % | -524.1 % | -369.8 % | -306.0 % | -225.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.8 | 0.8 | 0.8 | 0.6 |
Current ratio | 0.7 | 0.8 | 0.8 | 0.8 | 0.6 |
Cash and cash equivalents | 84.06 | 85.52 | 136.14 | 157.90 | 68.70 |
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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