Kulturhuset af 2016 ApS — Credit Rating and Financial Key Figures

CVR number: 37825565
Sigurdsgade 35, 2200 København N

Credit rating

Company information

Official name
Kulturhuset af 2016 ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Kulturhuset af 2016 ApS

Kulturhuset af 2016 ApS (CVR number: 37825565) is a company from KØBENHAVN. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a growth of 11.2 % compared to the previous year. The operating profit percentage was at 39.9 % (EBIT: 0.5 mDKK), while net earnings were 382.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 61.6 %, which can be considered excellent and Return on Equity (ROE) was 58 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kulturhuset af 2016 ApS's liquidity measured by quick ratio was 6.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 045.361 049.561 137.691 103.491 226.57
Gross profit1 045.361 049.561 137.691 103.491 226.57
EBIT382.15404.64363.78367.49489.50
Net earnings298.54315.08282.89285.31382.60
Shareholders equity total709.951 025.03507.92793.23525.83
Balance sheet total (assets)875.581 171.32798.82938.35651.35
Net debt-57.50- 118.14- 116.87-44.96- 195.18
Profitability
EBIT-%36.6 %38.6 %32.0 %33.3 %39.9 %
ROA42.6 %39.5 %36.9 %42.3 %61.6 %
ROE53.2 %36.3 %36.9 %43.9 %58.0 %
ROI44.7 %41.2 %38.7 %44.7 %65.5 %
Economic value added (EVA)279.83284.48238.21273.59344.76
Solvency
Equity ratio81.1 %87.5 %63.6 %84.5 %80.7 %
Gearing6.1 %23.7 %
Relative net indebtedness %6.2 %2.7 %4.7 %9.1 %-5.7 %
Liquidity
Quick ratio1.211.91.410.76.1
Current ratio1.211.91.410.76.1
Cash and cash equivalents100.84118.14237.3644.96195.18
Capital use efficiency
Trade debtors turnover (days)2.7
Net working capital %1.5 %43.9 %6.2 %39.7 %20.7 %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:61.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.7%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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