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KURT HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KURT HOLDING ApS
KURT HOLDING ApS (CVR number: 31363071) is a company from HOLBÆK. The company recorded a gross profit of 95.4 kDKK in 2024. The operating profit was -591.3 kDKK, while net earnings were -487.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -68.2 %, which can be considered poor and Return on Equity (ROE) was -94.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.2 %, 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 HOLDING ApS's liquidity measured by quick ratio was 2.4 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 | 183.18 | 683.86 | 1 110.77 | 1 230.00 | 95.37 |
| EBIT | 183.18 | 316.69 | 349.82 | 401.93 | - 591.28 |
| Net earnings | 140.54 | 238.52 | 264.89 | 307.12 | - 487.90 |
| Shareholders equity total | 520.74 | 579.26 | 544.16 | 791.28 | 242.38 |
| Balance sheet total (assets) | 626.16 | 962.96 | 825.69 | 1 272.70 | 389.59 |
| Net debt | - 544.60 | - 575.94 | - 476.67 | - 608.91 | 7.47 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 31.5 % | 39.9 % | 39.1 % | 38.4 % | -68.2 % |
| ROE | 27.0 % | 43.4 % | 47.2 % | 46.0 % | -94.4 % |
| ROI | 35.1 % | 56.8 % | 61.1 % | 58.6 % | -111.0 % |
| Economic value added (EVA) | 116.42 | 219.09 | 238.78 | 282.78 | - 505.26 |
| Solvency | |||||
| Equity ratio | 83.2 % | 60.2 % | 65.9 % | 62.2 % | 62.2 % |
| Gearing | 0.9 % | 1.7 % | 2.2 % | 3.4 % | 14.9 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 9.3 | 3.0 | 3.9 | 3.0 | 2.4 |
| Current ratio | 9.3 | 3.0 | 3.9 | 3.0 | 2.4 |
| Cash and cash equivalents | 549.16 | 585.90 | 488.76 | 635.59 | 28.75 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BB |
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