KURT L. SCHMIDT HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28897901
Hvidegårdsvej 9, 6040 Egtved
tudvadvej20@gmail.com
tel: 40334528

Credit rating

Company information

Official name
KURT L. SCHMIDT HOLDING ApS
Established
2005
Company form
Private limited company
Industry

About KURT L. SCHMIDT HOLDING ApS

KURT L. SCHMIDT HOLDING ApS (CVR number: 28897901) is a company from VEJLE. The company recorded a gross profit of 34 kDKK in 2022. The operating profit was 10.1 kDKK, while net earnings were -0.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KURT L. SCHMIDT HOLDING ApS's liquidity measured by quick ratio was 16.7 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit67.0843.61140.4236.6434.00
EBIT17.69-12.3890.9513.3910.15
Net earnings2.79-25.3681.92-5.61-0.20
Shareholders equity total2 197.601 772.241 743.561 624.951 510.36
Balance sheet total (assets)2 263.401 819.121 788.301 675.571 560.81
Net debt- 715.72- 327.46-1 078.46- 988.99- 841.51
Profitability
EBIT-%
ROA0.8 %-0.7 %5.1 %0.8 %0.6 %
ROE0.1 %-1.3 %4.7 %-0.3 %-0.0 %
ROI0.8 %-0.7 %5.2 %0.9 %0.6 %
Economic value added (EVA)-63.81-83.2512.58-20.03-24.75
Solvency
Equity ratio97.1 %97.4 %97.5 %97.0 %96.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio10.97.024.119.516.7
Current ratio10.97.024.119.516.7
Cash and cash equivalents715.72327.461 078.46988.99841.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.63%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.8%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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