KIRKEVEJ 1A ApS — Credit Rating and Financial Key Figures

CVR number: 29623546
Skarbyvej 3, Vejrum 7560 Hjerm
tel: 20738072

Credit rating

Company information

Official name
KIRKEVEJ 1A ApS
Established
2006
Domicile
Vejrum
Company form
Private limited company
Industry

About KIRKEVEJ 1A ApS

KIRKEVEJ 1A ApS (CVR number: 29623546) is a company from STRUER. The company recorded a gross profit of 176.4 kDKK in 2023. The operating profit was 176.4 kDKK, while net earnings were 123.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.9 %, which can be considered decent but Return on Equity (ROE) was 23.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 18.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. KIRKEVEJ 1A ApS's liquidity measured by quick ratio was 0.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit151.82267.67196.56212.24176.42
EBIT148.8220.67196.56212.24176.42
Net earnings182.3241.60134.26152.53123.26
Shareholders equity total3 152.503 194.10487.40509.92533.18
Balance sheet total (assets)5 443.295 444.743 084.203 032.832 947.00
Net debt1 958.911 962.552 120.502 136.442 097.00
Profitability
EBIT-%
ROA4.6 %1.3 %4.6 %6.9 %5.9 %
ROE6.0 %1.3 %7.3 %30.6 %23.6 %
ROI4.7 %1.3 %4.8 %7.4 %6.2 %
Economic value added (EVA)-76.38- 181.95-82.4338.667.17
Solvency
Equity ratio57.9 %58.7 %15.8 %16.8 %18.1 %
Gearing62.1 %61.4 %470.2 %433.5 %402.1 %
Relative net indebtedness %
Liquidity
Quick ratio9.87.80.70.50.2
Current ratio9.87.80.70.50.2
Cash and cash equivalents171.1074.2147.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:5.90%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.1%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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