T. Kirkan Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T. Kirkan Holding ApS
T. Kirkan Holding ApS (CVR number: 37278564) is a company from GREVE. The company recorded a gross profit of -14.8 kDKK in 2024. The operating profit was -14.8 kDKK, while net earnings were 505.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.2 %, which can be considered good but Return on Equity (ROE) was 16.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.1 %, 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. T. Kirkan Holding ApS's liquidity measured by quick ratio was 2.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -3.81 | -1.56 | -10.22 | -30.50 | -14.85 |
| EBIT | -3.81 | -1.56 | -10.22 | -30.50 | -14.85 |
| Net earnings | 565.30 | 498.62 | - 161.19 | 307.90 | 505.46 |
| Shareholders equity total | 2 765.96 | 3 100.59 | 2 499.40 | 2 807.29 | 3 312.76 |
| Balance sheet total (assets) | 3 663.83 | 5 619.34 | 3 413.34 | 4 317.91 | 4 940.18 |
| Net debt | - 240.72 | 768.30 | 397.10 | 560.56 | - 383.92 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 15.7 % | 11.1 % | 17.0 % | 20.9 % | 13.2 % |
| ROE | 22.8 % | 17.0 % | -5.8 % | 11.6 % | 16.5 % |
| ROI | 16.0 % | 11.9 % | -5.7 % | 13.7 % | 14.1 % |
| Economic value added (EVA) | - 184.92 | - 181.41 | - 261.60 | - 178.29 | - 212.55 |
| Solvency | |||||
| Equity ratio | 75.5 % | 55.2 % | 73.2 % | 65.0 % | 67.1 % |
| Gearing | 29.4 % | 63.9 % | 26.2 % | 41.8 % | 41.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.5 | 1.4 | 3.3 | 2.6 | 2.9 |
| Current ratio | 3.5 | 1.4 | 3.3 | 2.6 | 2.9 |
| Cash and cash equivalents | 1 053.83 | 1 213.96 | 256.84 | 613.38 | 1 756.57 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | BBB | BBB |
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