KIRSTE(E)N A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KIRSTE(E)N A/S
KIRSTE(E)N A/S (CVR number: 63905410) is a company from HERLEV. The company recorded a gross profit of 81.3 kDKK in 2023. The operating profit was -53.7 kDKK, while net earnings were -42.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.1 %, which can be considered poor and Return on Equity (ROE) was -8.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KIRSTE(E)N A/S's liquidity measured by quick ratio was 9.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 67.58 | 167.16 | 145.66 | 202.80 | 81.34 |
EBIT | -75.10 | -67.71 | 76.41 | 140.18 | -53.68 |
Net earnings | -58.60 | -53.35 | 58.22 | 108.53 | -42.22 |
Shareholders equity total | 300.00 | 400.00 | 458.22 | 566.75 | 464.53 |
Balance sheet total (assets) | 650.56 | 567.77 | 597.21 | 663.87 | 517.19 |
Net debt | 113.40 | 44.16 | - 211.60 | -86.11 | - 185.74 |
Profitability | |||||
EBIT-% | |||||
ROA | -10.3 % | -11.1 % | 13.1 % | 22.2 % | -9.1 % |
ROE | -13.6 % | -15.2 % | 13.6 % | 21.2 % | -8.2 % |
ROI | -12.9 % | -12.8 % | 15.9 % | 27.4 % | -10.4 % |
Economic value added (EVA) | -44.58 | -60.72 | 42.35 | 96.95 | -66.37 |
Solvency | |||||
Equity ratio | 46.1 % | 70.5 % | 76.7 % | 85.4 % | 89.8 % |
Gearing | 85.8 % | 26.0 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 3.4 | 4.3 | 6.8 | 9.8 |
Current ratio | 1.9 | 3.4 | 4.3 | 6.8 | 9.8 |
Cash and cash equivalents | 144.04 | 59.93 | 211.60 | 86.11 | 185.74 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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