KURLAND ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KURLAND ApS
KURLAND ApS (CVR number: 13787077) is a company from FREDERIKSBERG. The company recorded a gross profit of -523.4 kDKK in 2024. The operating profit was -523.4 kDKK, while net earnings were 16.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good and Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KURLAND ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -82.36 | -69.58 | -70.76 | -85.67 | - 523.40 |
EBIT | -82.36 | -69.58 | -70.76 | -85.67 | - 523.40 |
Net earnings | 4 068.08 | 8 267.16 | 63 688.94 | 4 939.94 | 16 417.38 |
Shareholders equity total | 74 719.60 | 82 970.35 | 146 668.82 | 151 796.36 | 96 253.73 |
Balance sheet total (assets) | 77 667.00 | 83 016.60 | 146 828.82 | 152 359.80 | 122 323.42 |
Net debt | 2 901.15 | -15 111.62 | - 277.83 | 25 644.74 | |
Profitability | |||||
EBIT-% | |||||
ROA | 6.9 % | 10.3 % | 55.6 % | 3.7 % | 12.5 % |
ROE | 10.0 % | 10.5 % | 55.5 % | 3.3 % | 13.2 % |
ROI | 7.0 % | 10.3 % | 55.7 % | 3.7 % | 12.5 % |
Economic value added (EVA) | -3 579.01 | -3 956.68 | -4 224.45 | -7 436.93 | -8 036.03 |
Solvency | |||||
Equity ratio | 96.2 % | 99.9 % | 99.9 % | 99.6 % | 78.7 % |
Gearing | 3.9 % | 26.8 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 16.4 | 287.2 | 125.0 | 1.2 |
Current ratio | 1.3 | 16.4 | 287.2 | 125.0 | 1.2 |
Cash and cash equivalents | 15 111.62 | 277.83 | 127.89 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BBB | A | A |
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