HK KRISTIANSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31157110
Overmarken 153, 6670 Holsted

Credit rating

Company information

Official name
HK KRISTIANSEN HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About HK KRISTIANSEN HOLDING ApS

HK KRISTIANSEN HOLDING ApS (CVR number: 31157110) is a company from VEJEN. The company reported a net sales of 3.2 mDKK in 2023, demonstrating a growth of 39.1 % compared to the previous year. The operating profit percentage was at 99.6 % (EBIT: 3.2 mDKK), while net earnings were 3161.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.3 %, which can be considered excellent and Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 93.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. HK KRISTIANSEN HOLDING ApS's liquidity measured by quick ratio was 8.8 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 sales2 000.003 000.003 400.002 300.003 200.00
Gross profit1 996.002 996.003 396.002 295.003 188.32
EBIT1 996.002 996.003 396.002 295.003 188.32
Net earnings1 954.002 966.003 352.002 257.003 161.49
Shareholders equity total9 893.0012 144.0014 997.0016 954.0019 815.15
Balance sheet total (assets)11 578.0013 700.0016 433.0018 112.0021 195.89
Net debt336.00-2 046.00-2 845.00-6 636.00-2 165.11
Profitability
EBIT-%99.8 %99.9 %99.9 %99.8 %99.6 %
ROA17.4 %23.7 %22.5 %13.3 %16.3 %
ROE21.3 %26.9 %24.7 %14.1 %17.2 %
ROI19.4 %26.8 %25.0 %14.4 %17.4 %
Economic value added (EVA)2 115.693 035.413 427.242 222.953 207.04
Solvency
Equity ratio85.4 %88.6 %91.3 %93.6 %93.5 %
Gearing3.4 %0.0 %0.2 %
Relative net indebtedness %84.3 %-16.4 %-41.4 %-238.2 %-25.8 %
Liquidity
Quick ratio1.13.48.612.78.8
Current ratio1.13.48.612.78.8
Cash and cash equivalents2 048.002 845.006 636.002 205.11
Capital use efficiency
Trade debtors turnover (days)
Net working capital %3.9 %72.5 %150.7 %297.8 %95.1 %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:16.3%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:93.5%
Rating: 74/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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