KURT CHRISTENSEN, RIBE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 25044622
Højmosevej 2, Mølby 6760 Ribe
vbe@mail.tele.dk
tel: 20602810

Company information

Official name
KURT CHRISTENSEN, RIBE HOLDING ApS
Established
1999
Domicile
Mølby
Company form
Private limited company
Industry

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 918.4 kDKK in 2023. The operating profit was 500.5 kDKK, while net earnings were 567 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.7 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KURT CHRISTENSEN, RIBE HOLDING ApS's liquidity measured by quick ratio was 9.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit628.85695.05664.10637.26918.41
EBIT113.1044.47-71.6111.68500.53
Net earnings410.889.75-77.25- 109.66567.02
Shareholders equity total6 192.436 091.575 901.324 677.274 244.29
Balance sheet total (assets)8 888.888 332.998 175.977 332.994 692.70
Net debt576.21919.78-1 022.87116.56-3 522.95
Profitability
EBIT-%
ROA6.4 %0.8 %-0.4 %1.1 %12.7 %
ROE6.8 %0.2 %-1.3 %-2.1 %12.7 %
ROI7.0 %0.9 %-0.4 %1.2 %13.0 %
Economic value added (EVA)45.96- 195.86- 358.36- 208.78250.49
Solvency
Equity ratio69.7 %73.1 %72.2 %63.8 %90.4 %
Gearing30.7 %31.0 %28.8 %54.6 %5.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.34.94.02.09.1
Current ratio2.34.94.02.09.1
Cash and cash equivalents1 327.08969.772 719.992 438.203 740.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:12.7%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.4%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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