KURT POULSEN ApS — Credit Rating and Financial Key Figures

CVR number: 24233669
Vemmenæsvej 29, Tåsinge 5700 Svendborg
kp@kurtpoulsen-aps.dk

Credit rating

Company information

Official name
KURT POULSEN ApS
Personnel
10 persons
Established
1999
Domicile
Tåsinge
Company form
Private limited company
Industry

About KURT POULSEN ApS

KURT POULSEN ApS (CVR number: 24233669K) is a company from SVENDBORG. The company reported a net sales of 330.4 mDKK in 2023, demonstrating a growth of 3 % compared to the previous year. The operating profit percentage was at 28.2 % (EBIT: 93.3 mDKK), while net earnings were 78.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good but Return on Equity (ROE) was 31 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KURT POULSEN ApS's liquidity measured by quick ratio was 0.7 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 sales320 603.03330 370.02
Gross profit33 174.3042 856.3594 616.66167 874.57156 857.22
EBIT11 812.8614 538.5650 363.00110 466.5893 274.64
Net earnings58 619.0835 775.8872 756.28110 731.9178 460.27
Shareholders equity total284 143.58319 823.82388 102.55502 689.30579 340.19
Balance sheet total (assets)624 588.30742 990.84791 603.961 020 980.061 135 798.55
Net debt344 787.78392 872.56298 976.78349 955.39429 109.25
Profitability
EBIT-%34.5 %28.2 %
ROA11.4 %6.1 %11.3 %15.3 %10.2 %
ROE38.2 %22.4 %41.9 %52.9 %31.0 %
ROI11.8 %6.7 %12.7 %17.4 %11.4 %
Economic value added (EVA)-10 191.17-10 559.7812 394.7360 524.5538 256.06
Solvency
Equity ratio45.5 %43.0 %49.0 %49.2 %51.0 %
Gearing109.9 %104.4 %78.4 %73.8 %74.4 %
Relative net indebtedness %150.8 %160.0 %
Liquidity
Quick ratio0.30.60.80.80.7
Current ratio0.71.01.31.41.2
Cash and cash equivalents-32 472.39-59 057.075 275.3621 058.572 203.35
Capital use efficiency
Trade debtors turnover (days)29.021.9
Net working capital %17.4 %9.5 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:10.2%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.0%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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