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

Credit rating

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 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit695.05664.10637.26918.41272.26
EBIT44.47-71.6111.68500.53-11.92
Net earnings9.75-77.25- 109.66567.02268.04
Shareholders equity total6 091.575 901.324 677.274 244.292 111.34
Balance sheet total (assets)8 332.998 175.977 332.994 692.702 776.82
Net debt919.78-1 022.87116.56-3 522.95-2 017.11
Profitability
EBIT-%
ROA0.8 %-0.4 %1.1 %12.7 %9.8 %
ROE0.2 %-1.3 %-2.1 %12.7 %8.4 %
ROI0.9 %-0.4 %1.2 %13.0 %11.0 %
Economic value added (EVA)- 381.63- 450.10- 375.7757.44- 234.59
Solvency
Equity ratio73.1 %72.2 %63.8 %90.4 %76.0 %
Gearing31.0 %28.8 %54.6 %5.1 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio4.94.02.09.13.2
Current ratio4.94.02.09.13.2
Cash and cash equivalents969.772 719.992 438.203 740.562 038.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.84%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.0%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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