Kulturmann ApS — Credit Rating and Financial Key Figures

CVR number: 34702144
Store Kongensgade 70, 1264 København K
kt@kthurmann.dk

Credit rating

Company information

Official name
Kulturmann ApS
Personnel
1 person
Established
2012
Company form
Private limited company
Industry

About Kulturmann ApS

Kulturmann ApS (CVR number: 34702144) is a company from KØBENHAVN. The company recorded a gross profit of 911.4 kDKK in 2023. The operating profit was 489.9 kDKK, while net earnings were 333.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.7 %, which can be considered excellent and Return on Equity (ROE) was 43.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.6 %, 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. Kulturmann ApS's liquidity measured by quick ratio was 1.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit612.74438.571 314.51885.36911.40
EBIT308.5324.89888.65132.90489.86
Net earnings141.274.74661.8673.16333.22
Shareholders equity total-1 005.27- 130.53531.34604.50942.47
Balance sheet total (assets)1 159.841 369.792 436.642 730.273 179.57
Net debt713.71683.94- 575.92- 126.91- 820.10
Profitability
EBIT-%
ROA14.3 %1.4 %45.1 %5.2 %16.7 %
ROE13.1 %0.4 %69.6 %12.9 %43.1 %
ROI30.7 %2.9 %128.2 %20.5 %47.1 %
Economic value added (EVA)286.9683.58686.72101.67337.01
Solvency
Equity ratio-46.4 %-8.7 %21.8 %22.1 %29.6 %
Gearing-101.5 %-556.1 %24.3 %5.6 %54.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.41.01.01.2
Current ratio0.20.41.01.01.2
Cash and cash equivalents306.2741.91705.27160.981 333.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:16.7%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.6%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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