Kirstinesminde Landbrug ApS — Credit Rating and Financial Key Figures

CVR number: 40620613
Aarsvej 40, Næsborg 9670 Løgstør
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Company information

Official name
Kirstinesminde Landbrug ApS
Personnel
14 persons
Established
2019
Domicile
Næsborg
Company form
Private limited company
Industry

About Kirstinesminde Landbrug ApS

Kirstinesminde Landbrug ApS (CVR number: 40620613) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 13.5 mDKK in 2024. The operating profit was 4286.9 kDKK, while net earnings were 482.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 1.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 23.1 %, 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. Kirstinesminde Landbrug ApS's liquidity measured by quick ratio was 0.3 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 profit9 321.0512 155.0518 933.4111 119.8113 492.52
EBIT3 304.646 019.2412 029.994 228.054 286.90
Net earnings1 393.354 048.909 824.442 155.52482.66
Shareholders equity total12 682.9516 618.8527 319.5334 601.9934 962.65
Balance sheet total (assets)128 982.48135 994.08133 560.12152 284.20151 331.52
Net debt94 263.9493 965.3783 734.63111 778.0999 841.76
Profitability
EBIT-%
ROA2.8 %4.5 %9.0 %4.3 %3.4 %
ROE11.6 %27.6 %44.7 %7.0 %1.4 %
ROI2.8 %4.6 %9.3 %4.4 %3.6 %
Economic value added (EVA)-2 711.96- 138.245 180.77-1 204.36-4 507.77
Solvency
Equity ratio9.8 %12.2 %20.5 %22.7 %23.1 %
Gearing743.2 %565.4 %314.6 %323.0 %290.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.30.50.20.3
Current ratio0.40.70.90.50.6
Cash and cash equivalents2 219.061 686.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.42%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.1%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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