KELSTRUP EJENDOMSSELSKAB A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KELSTRUP EJENDOMSSELSKAB A/S
KELSTRUP EJENDOMSSELSKAB A/S (CVR number: 13120390) is a company from SØNDERBORG. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -42.6 % compared to the previous year. The operating profit percentage was poor at -113.3 % (EBIT: -0.1 mDKK), while net earnings were 62.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good and Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KELSTRUP EJENDOMSSELSKAB A/S's liquidity measured by quick ratio was 45.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 105.67 | 99.46 | 98.02 | 120.58 | 69.22 |
Gross profit | 19.38 | 28.46 | 38.11 | 68.50 | 28.56 |
EBIT | -0.73 | 6.58 | 14.48 | 50.19 | -78.43 |
Net earnings | -1.18 | 5.97 | 13.06 | 48.38 | 62.09 |
Shareholders equity total | 649.72 | 655.68 | 668.75 | 717.12 | 779.21 |
Balance sheet total (assets) | 668.64 | 717.15 | 752.17 | 729.43 | 796.59 |
Net debt | -31.87 | -97.47 | - 149.47 | - 705.33 | - 789.64 |
Profitability | |||||
EBIT-% | -0.7 % | 6.6 % | 14.8 % | 41.6 % | -113.3 % |
ROA | -0.1 % | 0.9 % | 2.0 % | 6.8 % | 9.1 % |
ROE | -0.2 % | 0.9 % | 2.0 % | 7.0 % | 8.3 % |
ROI | -0.1 % | 1.0 % | 2.2 % | 7.2 % | 9.3 % |
Economic value added (EVA) | -23.06 | -16.95 | -6.05 | 31.92 | -62.13 |
Solvency | |||||
Equity ratio | 97.2 % | 91.4 % | 88.9 % | 98.3 % | 97.8 % |
Gearing | |||||
Relative net indebtedness % | -12.2 % | -36.2 % | -67.4 % | -574.7 % | -1115.6 % |
Liquidity | |||||
Quick ratio | 2.1 | 1.7 | 1.9 | 59.3 | 45.8 |
Current ratio | 2.1 | 1.7 | 1.9 | 59.3 | 45.8 |
Cash and cash equivalents | 31.87 | 97.47 | 149.47 | 705.33 | 789.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 30.3 | 28.2 | 25.0 | 73.0 | 36.6 |
Net working capital % | 20.6 % | 43.9 % | 74.2 % | 594.7 % | 1125.6 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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