Kristensen Øko ApS — Credit Rating and Financial Key Figures

CVR number: 40452419
Søndersøvej 80, 6854 Henne
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Credit rating

Company information

Official name
Kristensen Øko ApS
Personnel
11 persons
Established
2019
Company form
Private limited company
Industry

About Kristensen Øko ApS

Kristensen Øko ApS (CVR number: 40452419) is a company from VARDE. The company recorded a gross profit of 8113.8 kDKK in 2024. The operating profit was 1355.6 kDKK, while net earnings were -1318.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was -9.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 17.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Kristensen Øko ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 263.326 993.6210 431.596 156.818 113.80
EBIT785.60- 129.463 419.10- 903.181 355.59
Net earnings-85.40- 856.104 194.61-2 687.69-1 318.55
Shareholders equity total14 498.9213 642.8217 837.4315 149.7413 831.19
Balance sheet total (assets)81 859.9777 494.7977 089.5578 349.6279 173.11
Net debt59 981.3854 148.2549 236.8457 337.8259 315.57
Profitability
EBIT-%
ROA2.1 %-0.1 %8.8 %-1.1 %1.9 %
ROE-0.6 %-6.1 %26.6 %-16.3 %-9.1 %
ROI2.2 %-0.1 %9.3 %-1.1 %2.0 %
Economic value added (EVA)-3 327.31-3 971.70- 941.78-4 421.08-2 654.25
Solvency
Equity ratio17.7 %17.6 %23.1 %19.3 %17.5 %
Gearing413.8 %396.9 %276.0 %378.5 %428.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.10.20.10.3
Current ratio0.60.40.50.30.5
Cash and cash equivalents9.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:1.94%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:17.5%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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