Kurt K Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kurt K Holding ApS
Kurt K Holding ApS (CVR number: 41065613) is a company from BILLUND. The company recorded a gross profit of -13.2 kDKK in 2023. The operating profit was -13.2 kDKK, while net earnings were 193.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 1.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kurt K Holding ApS's liquidity measured by quick ratio was 29.3 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 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -18.75 | -18.25 | -19.50 | -13.25 |
EBIT | -18.75 | -18.25 | -19.50 | -13.25 |
Net earnings | - 685.22 | 651.91 | 1 777.39 | 193.18 |
Shareholders equity total | 7 575.71 | 8 227.62 | 9 890.61 | 10 083.79 |
Balance sheet total (assets) | 8 260.26 | 8 948.87 | 9 985.41 | 10 189.72 |
Net debt | -8.09 | -3.96 | -41.06 | -2 895.19 |
Profitability | ||||
EBIT-% | ||||
ROA | -8.0 % | 8.0 % | 19.3 % | 2.6 % |
ROE | -9.0 % | 8.3 % | 19.6 % | 1.9 % |
ROI | -8.7 % | 8.7 % | 20.2 % | 2.6 % |
Economic value added (EVA) | -14.63 | - 288.38 | - 276.61 | - 192.40 |
Solvency | ||||
Equity ratio | 91.7 % | 91.9 % | 99.1 % | 99.0 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 55.1 | 1.0 | 4.4 | 29.3 |
Current ratio | 55.1 | 1.0 | 4.4 | 29.3 |
Cash and cash equivalents | 8.09 | 3.96 | 41.06 | 2 895.19 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | A | AA | A |
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