KURT CHRISTENSEN, RIBE HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KURT CHRISTENSEN, RIBE HOLDING ApS
KURT CHRISTENSEN, RIBE HOLDING ApS (CVR number: 25044622) is a company from ESBJERG. The company recorded a gross profit of 272.3 kDKK in 2024. The operating profit was -11.9 kDKK, while net earnings were 268 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good and Return on Equity (ROE) was 8.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 76 %, 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. KURT CHRISTENSEN, RIBE HOLDING ApS's liquidity measured by quick ratio was 3.2 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 | 695.05 | 664.10 | 637.26 | 918.41 | 272.26 |
EBIT | 44.47 | -71.61 | 11.68 | 500.53 | -11.92 |
Net earnings | 9.75 | -77.25 | - 109.66 | 567.02 | 268.04 |
Shareholders equity total | 6 091.57 | 5 901.32 | 4 677.27 | 4 244.29 | 2 111.34 |
Balance sheet total (assets) | 8 332.99 | 8 175.97 | 7 332.99 | 4 692.70 | 2 776.82 |
Net debt | 919.78 | -1 022.87 | 116.56 | -3 522.95 | -2 017.11 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.8 % | -0.4 % | 1.1 % | 12.7 % | 9.8 % |
ROE | 0.2 % | -1.3 % | -2.1 % | 12.7 % | 8.4 % |
ROI | 0.9 % | -0.4 % | 1.2 % | 13.0 % | 11.0 % |
Economic value added (EVA) | - 381.63 | - 450.10 | - 375.77 | 57.44 | - 234.59 |
Solvency | |||||
Equity ratio | 73.1 % | 72.2 % | 63.8 % | 90.4 % | 76.0 % |
Gearing | 31.0 % | 28.8 % | 54.6 % | 5.1 % | 1.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.9 | 4.0 | 2.0 | 9.1 | 3.2 |
Current ratio | 4.9 | 4.0 | 2.0 | 9.1 | 3.2 |
Cash and cash equivalents | 969.77 | 2 719.99 | 2 438.20 | 3 740.56 | 2 038.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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