KRISTIANSEN & CO., HADSUND ApS — Credit Rating and Financial Key Figures

CVR number: 27605176
Kystvejen 58, Øster Hurup 9560 Hadsund
ok@kristiansenco.dk
tel: 98587048
www.kristiansenco.dk

Company information

Official name
KRISTIANSEN & CO., HADSUND ApS
Personnel
1 person
Established
2004
Domicile
Øster Hurup
Company form
Private limited company
Industry

About KRISTIANSEN & CO., HADSUND ApS

KRISTIANSEN & CO., HADSUND ApS (CVR number: 27605176) is a company from MARIAGERFJORD. The company recorded a gross profit of -16.8 kDKK in 2023. The operating profit was -410.4 kDKK, while net earnings were -401.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.8 %, which can be considered poor and Return on Equity (ROE) was -58.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.8 %, 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. KRISTIANSEN & CO., HADSUND ApS's liquidity measured by quick ratio was 2.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 100.001 446.00679.00793.00-16.75
EBIT1 023.00699.0010.00287.00- 410.44
Net earnings895.00553.0012.00221.00- 401.53
Shareholders equity total704.001 257.00669.00890.00488.41
Balance sheet total (assets)1 108.002 150.001 508.001 467.00765.69
Net debt- 410.00- 182.00- 504.00- 646.00- 132.56
Profitability
EBIT-%
ROA93.1 %43.8 %1.1 %19.3 %-36.8 %
ROE111.7 %56.4 %1.2 %28.4 %-58.3 %
ROI152.5 %71.7 %2.0 %36.1 %-56.8 %
Economic value added (EVA)941.36530.21-45.21215.85- 410.18
Solvency
Equity ratio63.5 %58.5 %44.4 %60.7 %63.8 %
Gearing1.6 %1.3 %2.4 %1.7 %10.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.41.72.42.6
Current ratio2.72.41.82.52.8
Cash and cash equivalents421.00198.00520.00661.00184.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBABB

Variable visualization

ROA:-36.8%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:63.8%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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