KURT TIM HANSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 35519335
Bygaden 61, 2605 Brøndby
tim@khas.dk
tel: 22389407

Credit rating

Company information

Official name
KURT TIM HANSEN HOLDING ApS
Established
2013
Company form
Private limited company
Industry

About KURT TIM HANSEN HOLDING ApS

KURT TIM HANSEN HOLDING ApS (CVR number: 35519335) is a company from BRØNDBY. The company recorded a gross profit of -11.2 kDKK in 2023. The operating profit was -11.2 kDKK, while net earnings were 40.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.5 %, which can be considered good but Return on Equity (ROE) was 25.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KURT TIM HANSEN HOLDING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit-8.13-8.75-13.00-11.88-11.25
EBIT-8.13-8.75-13.00-11.88-11.25
Net earnings-12.63- 109.34295.44-68.8040.22
Shareholders equity total22.44-86.90208.54139.74179.96
Balance sheet total (assets)259.44159.77467.12409.86468.23
Net debt-41.87-29.37-15.94- 151.23- 136.28
Profitability
EBIT-%
ROA-0.5 %-38.6 %85.7 %-12.9 %13.5 %
ROE-43.9 %-120.0 %160.4 %-39.5 %25.2 %
ROI-2.0 %-178.5 %204.7 %-25.5 %28.3 %
Economic value added (EVA)3.333.16-0.601.832.32
Solvency
Equity ratio8.6 %-35.2 %44.6 %34.1 %38.4 %
Gearing189.9 %-51.0 %22.1 %34.4 %28.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.30.20.70.7
Current ratio0.40.30.20.70.7
Cash and cash equivalents84.4873.6962.03199.35187.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:13.5%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.4%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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