KURT ALBÆK ApS — Credit Rating and Financial Key Figures

CVR number: 10515904
Bjerrelide 5, 2920 Charlottenlund
tel: 28196675

Company information

Official name
KURT ALBÆK ApS
Established
1986
Company form
Private limited company
Industry

About KURT ALBÆK ApS

KURT ALBÆK ApS (CVR number: 10515904) is a company from GENTOFTE. The company recorded a gross profit of -137.5 kDKK in 2024. The operating profit was -137.5 kDKK, while net earnings were 1695.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent and Return on Equity (ROE) was 5.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 91.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KURT ALBÆK ApS's liquidity measured by quick ratio was 12.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 316.04- 277.34- 172.27- 130.39- 137.53
EBIT- 316.04- 277.34- 172.27- 130.39- 137.53
Net earnings- 740.091 374.93-3 283.801 578.741 695.65
Shareholders equity total36 464.9433 839.8828 056.0829 394.8229 590.47
Balance sheet total (assets)36 937.8535 213.2030 355.0431 526.8432 194.95
Net debt-36 533.07-34 783.35-29 010.61-30 695.23-31 704.50
Profitability
EBIT-%
ROA2.2 %4.9 %1.9 %7.5 %7.5 %
ROE-2.0 %3.9 %-10.6 %5.5 %5.7 %
ROI2.4 %5.0 %2.0 %8.0 %8.0 %
Economic value added (EVA)-2 133.21-2 052.21-1 838.80-1 517.62-1 590.47
Solvency
Equity ratio98.7 %96.1 %92.4 %93.2 %91.9 %
Gearing0.2 %0.2 %0.4 %0.4 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio78.025.713.114.712.3
Current ratio78.025.713.114.712.3
Cash and cash equivalents36 603.1034 853.3829 131.8730 816.4931 825.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:7.46%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.9%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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