KUNSTSTOF HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 18093944
Ringvejen 70, 7900 Nykøbing M
tel: 97722711

Company information

Official name
KUNSTSTOF HOLDING ApS
Personnel
3 persons
Established
1994
Company form
Private limited company
Industry

About KUNSTSTOF HOLDING ApS

KUNSTSTOF HOLDING ApS (CVR number: 18093944) is a company from MORSØ. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a growth of 11.9 % compared to the previous year. The operating profit percentage was poor at -347.3 % (EBIT: -2.4 mDKK), while net earnings were 24.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KUNSTSTOF HOLDING ApS's liquidity measured by quick ratio was 208.6 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales566.00572.00579.00605.00677.00
Gross profit-1 689.00-1 544.00-1 236.00-1 402.00-1 565.00
EBIT-2 319.00-2 748.00-1 667.00-1 982.00-2 351.00
Net earnings31 285.0050 106.0076 197.0033 581.0024 784.00
Shareholders equity total484 435.00534 541.00610 738.00638 239.00663 024.00
Balance sheet total (assets)519 910.00538 096.00611 385.00648 731.00674 456.00
Net debt- 206 733.00- 226 583.00- 252 586.00- 202 211.00- 202 272.00
Profitability
EBIT-%-409.7 %-480.4 %-287.9 %-327.6 %-347.3 %
ROA6.2 %9.8 %13.4 %6.4 %6.1 %
ROE6.4 %9.8 %13.3 %5.4 %3.8 %
ROI6.2 %9.8 %13.5 %6.4 %6.2 %
Economic value added (EVA)20 000.8110 543.3610 279.8210 659.458 437.92
Solvency
Equity ratio93.2 %99.3 %99.9 %98.4 %98.3 %
Gearing6.5 %
Relative net indebtedness %-35855.5 %-39074.1 %-43596.9 %-31772.1 %-28287.9 %
Liquidity
Quick ratio7.075.51 703.5314.0208.6
Current ratio7.075.51 705.8314.0208.6
Cash and cash equivalents238 007.00226 583.00252 586.00202 211.00202 272.00
Capital use efficiency
Trade debtors turnover (days)38.3
Net working capital %-1624.6 %1980.9 %13504.0 %12823.1 %3552.0 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:6.13%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.3%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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