CURT ANDERSEN A/S — Credit Rating and Financial Key Figures

CVR number: 31410738
Adelers Alle 34, 4540 Fårevejle
tel: 59653074

Credit rating

Company information

Official name
CURT ANDERSEN A/S
Personnel
20 persons
Established
2008
Company form
Limited company
Industry

About CURT ANDERSEN A/S

CURT ANDERSEN A/S (CVR number: 31410738) is a company from ODSHERRED. The company recorded a gross profit of 10.1 mDKK in 2022. The operating profit was 1323 kDKK, while net earnings were 676.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 16.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CURT ANDERSEN A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit9 798.319 383.288 837.497 445.4510 051.12
EBIT527.63906.69814.14829.731 323.02
Net earnings41.41360.95340.70459.85676.08
Shareholders equity total2 656.373 017.323 358.023 817.874 493.95
Balance sheet total (assets)14 847.6514 395.7111 534.4617 314.3520 877.28
Net debt5 615.935 014.673 599.274 674.466 729.74
Profitability
EBIT-%
ROA3.7 %6.2 %6.3 %6.1 %7.6 %
ROE1.6 %12.7 %10.7 %12.8 %16.3 %
ROI5.6 %9.6 %9.3 %9.8 %13.1 %
Economic value added (EVA)119.30447.85352.61454.61711.05
Solvency
Equity ratio17.9 %21.0 %29.1 %22.1 %21.5 %
Gearing211.4 %166.2 %107.2 %122.4 %149.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.11.31.11.2
Current ratio1.01.11.31.11.2
Cash and cash equivalents0.130.130.130.130.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:7.64%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:21.5%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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