H. KIRSTEN ApS — Credit Rating and Financial Key Figures

CVR number: 46478312
Strandvej 8, Rønshoved 6340 Kruså

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 -72.1 kDKK in 2023. The operating profit was -732.5 kDKK, while net earnings were -904.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -10.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.2 %, 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 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-22.05-27.20-22.29-27.92-72.13
EBIT-82.05- 167.20- 158.93- 147.92- 732.45
Net earnings542.24- 186.26223.30-1 276.11- 904.43
Shareholders equity total10 138.969 952.7010 176.008 899.897 995.46
Balance sheet total (assets)10 394.6010 241.9910 478.3619 473.6011 397.07
Net debt-9 294.10-9 030.28-9 187.25-7 914.99- 453.91
Profitability
EBIT-%
ROA5.5 %-1.6 %2.3 %-1.0 %-4.7 %
ROE5.5 %-1.9 %2.2 %-13.4 %-10.7 %
ROI5.5 %-1.6 %2.3 %-1.5 %-8.4 %
Economic value added (EVA)- 114.72- 198.65- 185.47- 186.50- 768.70
Solvency
Equity ratio97.5 %97.2 %97.1 %45.7 %70.2 %
Gearing2.2 %2.4 %2.2 %3.0 %3.3 %
Relative net indebtedness %
Liquidity
Quick ratio40.735.434.70.90.5
Current ratio40.735.434.70.90.5
Cash and cash equivalents9 513.049 271.939 408.298 178.53717.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:-4.73%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.2%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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