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 -30.5 kDKK in 2023. The operating profit was -30.5 kDKK, while net earnings were 307.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.9 %, which can be considered excellent but Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65 %, 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 2.6 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3.82 | -3.81 | -1.56 | -10.22 | -30.50 |
EBIT | -3.82 | -3.81 | -1.56 | -10.22 | -30.50 |
Net earnings | 651.80 | 565.30 | 498.62 | - 161.19 | 307.90 |
Shareholders equity total | 2 200.66 | 2 765.96 | 3 100.59 | 2 499.40 | 2 807.29 |
Balance sheet total (assets) | 3 631.97 | 3 663.83 | 5 619.34 | 3 413.34 | 4 317.91 |
Net debt | 595.95 | - 240.72 | 768.30 | 397.10 | 560.56 |
Profitability | |||||
EBIT-% | |||||
ROA | 17.1 % | 15.7 % | 11.1 % | 17.0 % | 20.9 % |
ROE | 34.8 % | 22.8 % | 17.0 % | -5.8 % | 11.6 % |
ROI | 17.5 % | 16.0 % | 11.9 % | -5.7 % | 13.7 % |
Economic value added (EVA) | -25.27 | -67.12 | -83.43 | -34.06 | - 127.64 |
Solvency | |||||
Equity ratio | 60.6 % | 75.5 % | 55.2 % | 73.2 % | 65.0 % |
Gearing | 63.8 % | 29.4 % | 63.9 % | 26.2 % | 41.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 3.5 | 1.4 | 3.3 | 2.6 |
Current ratio | 2.4 | 3.5 | 1.4 | 3.3 | 2.6 |
Cash and cash equivalents | 807.53 | 1 053.83 | 1 213.96 | 256.84 | 613.38 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | BBB | A |
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