KURS ApS — Credit Rating and Financial Key Figures

CVR number: 20556285
Bitsovvej 2, 7400 Herning

Company information

Official name
KURS ApS
Personnel
2 persons
Established
1997
Company form
Private limited company
Industry

About KURS ApS

KURS ApS (CVR number: 20556285) is a company from HERNING. The company recorded a gross profit of -460.5 kDKK in 2024. The operating profit was -640.5 kDKK, while net earnings were 2132.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good but Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KURS ApS's liquidity measured by quick ratio was 10.1 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 407.28- 952.95- 289.44- 240.62- 460.48
EBIT- 527.28-1 124.85- 469.44- 421.82- 640.48
Net earnings1 816.815 193.97-4 962.564 202.192 132.48
Shareholders equity total43 766.4546 610.4238 147.8729 100.0628 232.53
Balance sheet total (assets)44 297.0747 709.4338 204.1029 162.5128 377.03
Net debt-2 881.03-2 367.01-2 440.47-5 808.52-1 424.37
Profitability
EBIT-%
ROA5.3 %14.6 %0.5 %16.0 %9.5 %
ROE4.1 %11.5 %-11.7 %12.5 %7.4 %
ROI5.3 %14.9 %0.5 %16.0 %9.6 %
Economic value added (EVA)-2 496.53-2 927.31-2 589.95-2 121.33-1 669.40
Solvency
Equity ratio98.8 %97.7 %99.9 %99.8 %99.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio5.42.269.697.310.1
Current ratio5.42.269.697.310.1
Cash and cash equivalents2 881.032 367.012 440.475 808.521 424.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:9.54%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

Build time: 2025-05-28T22:51:35.645Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.