KURT OG CARLO KRISTENSEN A/S — Credit Rating and Financial Key Figures

CVR number: 23701316
Klejtrupvej 9 B, Sdr Onsild 9500 Hobro
tel: 98544164

Credit rating

Company information

Official name
KURT OG CARLO KRISTENSEN A/S
Personnel
18 persons
Established
1969
Domicile
Sdr Onsild
Company form
Limited company
Industry

About KURT OG CARLO KRISTENSEN A/S

KURT OG CARLO KRISTENSEN A/S (CVR number: 23701316) is a company from MARIAGERFJORD. The company recorded a gross profit of 28.1 mDKK in 2023. The operating profit was 11.7 mDKK, while net earnings were 9205.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.3 %, which can be considered excellent and Return on Equity (ROE) was 29.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.8 %, 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. KURT OG CARLO KRISTENSEN A/S's liquidity measured by quick ratio was 3.3 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 profit20 917.8521 149.1524 435.1628 461.4428 102.72
EBIT6 904.646 592.349 160.1213 061.9011 683.95
Net earnings4 970.285 423.947 073.059 212.729 205.09
Shareholders equity total30 132.6930 556.6332 629.6831 842.4031 047.49
Balance sheet total (assets)44 894.1840 765.7343 402.2148 438.0842 060.99
Net debt-2 375.87-6 099.61-8 212.71-4 595.55-7 875.08
Profitability
EBIT-%
ROA14.8 %16.2 %21.8 %26.5 %26.3 %
ROE16.4 %17.9 %22.4 %28.6 %29.3 %
ROI18.0 %20.1 %26.9 %32.8 %32.0 %
Economic value added (EVA)4 240.493 971.655 919.319 040.727 988.63
Solvency
Equity ratio67.1 %75.0 %75.2 %65.7 %73.8 %
Gearing12.1 %4.3 %13.8 %9.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.22.63.02.03.3
Current ratio1.22.63.02.03.3
Cash and cash equivalents6 012.346 099.619 609.308 991.4810 861.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:26.3%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.8%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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