Kurt Hermansen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38621173
Østervej 18, 4190 Munke Bjergby

Credit rating

Company information

Official name
Kurt Hermansen Holding ApS
Established
2017
Company form
Private limited company
Industry

About Kurt Hermansen Holding ApS

Kurt Hermansen Holding ApS (CVR number: 38621173) is a company from SORØ. The company recorded a gross profit of -1.4 kDKK in 2024. The operating profit was -1.4 kDKK, while net earnings were 92.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.7 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kurt Hermansen Holding 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 profit-7.91-7.78-9.66-9.08-10.32
EBIT-7.91-7.78-9.66-9.08-10.32
Net earnings265.8318.36-97.90401.8382.30
Shareholders equity total1 264.751 283.111 185.211 587.041 669.35
Balance sheet total (assets)1 402.491 431.151 364.061 623.771 721.43
Net debt52.7562.84124.709.5134.84
Profitability
EBIT-%
ROA18.5 %1.2 %-6.8 %28.0 %6.3 %
ROE19.5 %1.4 %-7.9 %29.0 %5.1 %
ROI18.6 %1.2 %-6.8 %28.1 %6.4 %
Economic value added (EVA)-6.682.23-0.541.84-86.83
Solvency
Equity ratio90.2 %89.7 %86.9 %97.7 %97.0 %
Gearing4.3 %5.0 %12.2 %1.8 %2.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.20.50.0
Current ratio0.00.10.20.50.0
Cash and cash equivalents1.151.3620.3119.331.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBABBB

Variable visualization

ROA:6.32%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.0%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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