Kurt & Carlo Kristensen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kurt & Carlo Kristensen Holding ApS
Kurt & Carlo Kristensen Holding ApS (CVR number: 36700114) is a company from MARIAGERFJORD. The company reported a net sales of 9.2 mDKK in 2023, demonstrating a decline of -0.8 % compared to the previous year. The operating profit percentage was at 114.1 % (EBIT: 10.5 mDKK), while net earnings were 10.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.2 %, which can be considered good and Return on Equity (ROE) was 12.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kurt & Carlo Kristensen Holding ApS's liquidity measured by quick ratio was 114.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 967.19 | 5 471.89 | 7 138.53 | 9 312.63 | 9 234.73 |
Gross profit | 5 435.12 | 6 814.33 | 8 356.94 | 10 882.95 | 10 914.44 |
EBIT | 5 165.28 | 6 476.90 | 8 006.12 | 10 513.38 | 10 533.97 |
Net earnings | 5 319.89 | 6 127.61 | 8 031.02 | 10 563.88 | 10 894.43 |
Shareholders equity total | 62 429.18 | 68 372.45 | 76 215.14 | 86 588.36 | 93 982.79 |
Balance sheet total (assets) | 64 210.80 | 72 408.06 | 79 149.15 | 90 004.63 | 97 157.89 |
Net debt | -2 866.07 | 917.82 | -10 864.26 | -17 657.93 | -17 720.63 |
Profitability | |||||
EBIT-% | 104.0 % | 118.4 % | 112.2 % | 112.9 % | 114.1 % |
ROA | 8.9 % | 9.3 % | 11.0 % | 12.9 % | 12.2 % |
ROE | 8.9 % | 9.4 % | 11.1 % | 13.0 % | 12.1 % |
ROI | 9.1 % | 9.5 % | 11.3 % | 13.3 % | 12.6 % |
Economic value added (EVA) | 4 186.46 | 5 003.59 | 6 083.16 | 8 576.41 | 8 251.64 |
Solvency | |||||
Equity ratio | 97.2 % | 94.4 % | 96.3 % | 96.2 % | 96.7 % |
Gearing | 3.7 % | 0.6 % | 0.0 % | 0.0 % | |
Relative net indebtedness % | -27.1 % | 40.8 % | -120.2 % | -155.5 % | -159.9 % |
Liquidity | |||||
Quick ratio | 50.0 | 4.8 | 15.7 | 149.4 | 114.4 |
Current ratio | 50.0 | 4.8 | 15.7 | 149.4 | 114.4 |
Cash and cash equivalents | 2 866.07 | 1 579.80 | 11 293.76 | 17 690.51 | 17 755.96 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 3.9 | 1.2 | 6.4 | 1.0 | 4.6 |
Net working capital % | 399.5 % | 180.0 % | 193.9 % | 268.8 % | 140.7 % |
Credit risk | |||||
Credit rating | AA | AAA | AA | AA | AAA |
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