CARSTEN S. KRISTENSEN HOLDING ApS — Credit Rating and Financial Key Figures

CARSTEN S. KRISTENSEN HOLDING ApS (CVR number: 26053722K) is a company from THISTED. The company reported a net sales of 384.4 mDKK in 2020, demonstrating a decline of -20.4 % compared to the previous year. The operating profit percentage was at 9.7 % (EBIT: 37.2 mDKK), while net earnings were 36 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent and Return on Equity (ROE) was 37.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. CARSTEN S. KRISTENSEN HOLDING ApS's liquidity measured by quick ratio was 3.3 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.