H. KIRSTEN ApS — Credit Rating and Financial Key Figures

CVR number: 46478312
Strandvej 8, Rønshoved 6340 Kruså
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Credit rating

Company information

Official name
H. KIRSTEN ApS
Personnel
1 person
Established
1975
Domicile
Rønshoved
Company form
Private limited company
Industry

About H. KIRSTEN ApS

H. KIRSTEN ApS (CVR number: 46478312) is a company from AABENRAA. The company recorded a gross profit of -136.4 kDKK in 2024. The operating profit was -1062.7 kDKK, while net earnings were -1251.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.8 %, which can be considered poor and Return on Equity (ROE) was -17 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. H. KIRSTEN ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-27.20-22.29-27.92-72.13- 136.38
EBIT- 167.20- 158.93- 147.92- 732.45-1 062.65
Net earnings- 186.26223.30-1 276.11- 904.43-1 251.87
Shareholders equity total9 952.7010 176.008 899.897 995.466 743.59
Balance sheet total (assets)10 241.9910 478.3619 473.6011 397.0710 316.79
Net debt-9 030.28-9 187.25-7 914.99- 453.91- 174.42
Profitability
EBIT-%
ROA-1.6 %2.3 %-1.0 %-4.7 %-9.8 %
ROE-1.9 %2.2 %-13.4 %-10.7 %-17.0 %
ROI-1.6 %2.3 %-1.5 %-8.4 %-13.9 %
Economic value added (EVA)- 687.68- 663.52- 670.37-1 192.92-1 477.67
Solvency
Equity ratio97.2 %97.1 %45.7 %70.2 %65.4 %
Gearing2.4 %2.2 %3.0 %3.3 %3.9 %
Relative net indebtedness %
Liquidity
Quick ratio35.434.70.90.50.4
Current ratio35.434.70.90.50.4
Cash and cash equivalents9 271.939 408.298 178.53717.45437.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-9.76%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.4%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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