KURLAND ApS — Credit Rating and Financial Key Figures

CVR number: 13787077
Martinsvej 8, 1926 Frederiksberg C
info@cityapartment.dk
tel: 70330100

Company information

Official name
KURLAND ApS
Established
1990
Company form
Private limited company
Industry

About KURLAND ApS

KURLAND ApS (CVR number: 13787077) is a company from FREDERIKSBERG. The company recorded a gross profit of -85.7 kDKK in 2023. The operating profit was -85.7 kDKK, while net earnings were 4939.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KURLAND ApS's liquidity measured by quick ratio was 125 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-82.58-82.36-69.58-70.76-85.67
EBIT-82.58-82.36-69.58-70.76-85.67
Net earnings-2 178.174 068.088 267.1663 688.944 939.94
Shareholders equity total6 933.7874 719.6082 970.35146 668.82151 796.36
Balance sheet total (assets)69 988.4377 667.0083 016.60146 828.82152 359.80
Net debt62 868.322 901.15-15 111.62- 277.83
Profitability
EBIT-%
ROA-0.4 %6.9 %10.3 %55.6 %3.7 %
ROE-27.2 %10.0 %10.5 %55.5 %3.3 %
ROI-0.4 %7.0 %10.3 %55.7 %3.7 %
Economic value added (EVA)2 970.313 067.89-94.51-90.97771.80
Solvency
Equity ratio9.9 %96.2 %99.9 %99.9 %99.6 %
Gearing908.7 %3.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.01.316.4287.2125.0
Current ratio0.01.316.4287.2125.0
Cash and cash equivalents140.0815 111.62277.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:3.70%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 94/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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