KURT HOLM OG SØNNER A/S — Credit Rating and Financial Key Figures

CVR number: 21031305
Hedegaardsvej 4, 7160 Tørring
post@kurtholm.com
tel: 75802025

Company information

Official name
KURT HOLM OG SØNNER A/S
Personnel
54 persons
Established
1998
Company form
Limited company
Industry

About KURT HOLM OG SØNNER A/S

KURT HOLM OG SØNNER A/S (CVR number: 21031305) is a company from HEDENSTED. The company recorded a gross profit of 30.9 mDKK in 2023. The operating profit was 640.5 kDKK, while net earnings were 678.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.8 %, 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. KURT HOLM OG SØNNER A/S's liquidity measured by quick ratio was 1.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit21 816.5927 910.9227 906.5728 841.2030 858.74
EBIT952.193 462.532 407.441 704.26640.52
Net earnings963.893 038.142 363.751 536.53678.24
Shareholders equity total3 649.026 187.177 550.917 587.447 265.68
Balance sheet total (assets)14 073.4322 979.6120 190.2822 588.1719 760.56
Net debt2 267.75-3 955.38- 956.073 583.65982.48
Profitability
EBIT-%
ROA10.3 %21.8 %14.0 %11.4 %7.1 %
ROE28.2 %61.8 %34.4 %20.3 %9.1 %
ROI22.6 %51.8 %33.3 %20.4 %11.8 %
Economic value added (EVA)625.242 503.081 836.991 018.11132.99
Solvency
Equity ratio25.9 %26.9 %37.4 %33.6 %36.8 %
Gearing74.7 %55.7 %23.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.51.81.71.8
Current ratio1.31.51.81.71.8
Cash and cash equivalents458.453 955.38956.07643.80718.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:7.11%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.8%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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