KURT HOLM HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KURT HOLM HOLDING ApS
KURT HOLM HOLDING ApS (CVR number: 27979459) is a company from HORSENS. The company reported a net sales of -0.1 mDKK in 2024, demonstrating a decline of -277.4 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.1 mDKK), while net earnings were -83.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.1 %, which can be considered poor and Return on Equity (ROE) was -29.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.3 %, 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 HOLM HOLDING ApS's liquidity measured by quick ratio was 1.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 98.30 | 117.75 | -25.18 | 53.99 | -95.78 |
Gross profit | 93.03 | 112.20 | -31.61 | 48.19 | - 101.38 |
EBIT | 93.03 | 112.20 | -31.61 | 48.19 | - 101.38 |
Net earnings | 84.15 | 104.03 | -30.94 | 41.71 | -83.44 |
Shareholders equity total | 355.70 | 403.23 | 315.09 | 356.80 | 212.36 |
Balance sheet total (assets) | 837.55 | 811.06 | 481.99 | 526.94 | 430.95 |
Net debt | 26.94 | 289.95 | 65.56 | - 146.44 | - 121.19 |
Profitability | |||||
EBIT-% | 94.6 % | 95.3 % | 89.3 % | ||
ROA | 14.1 % | 13.6 % | -4.9 % | 9.6 % | -21.1 % |
ROE | 24.7 % | 27.4 % | -8.6 % | 12.4 % | -29.3 % |
ROI | 14.7 % | 13.7 % | -4.9 % | 9.7 % | -21.3 % |
Economic value added (EVA) | 118.52 | 149.06 | -15.58 | 44.80 | -69.17 |
Solvency | |||||
Equity ratio | 42.5 % | 49.7 % | 65.4 % | 67.7 % | 49.3 % |
Gearing | 134.2 % | 100.1 % | 51.4 % | 46.3 % | 100.6 % |
Relative net indebtedness % | 31.9 % | 250.0 % | -280.2 % | -262.0 % | 121.3 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.3 | 1.9 | 2.0 | 1.7 |
Current ratio | 1.1 | 1.3 | 1.9 | 2.0 | 1.7 |
Cash and cash equivalents | 450.54 | 113.50 | 96.34 | 311.58 | 334.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 34.1 % | 96.2 % | -597.2 % | 311.3 % | -166.5 % |
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
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