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 6.7 mDKK in 2024, demonstrating a decline of -28 % compared to the previous year. The operating profit percentage was at 123 % (EBIT: 8.2 mDKK), while net earnings were 7701.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good but Return on Equity (ROE) was 7.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98 %, 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 116.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 5 471.89 | 7 138.53 | 9 312.63 | 9 234.73 | 6 652.33 |
| Gross profit | 6 814.33 | 8 356.94 | 10 882.95 | 10 914.44 | 8 576.72 |
| EBIT | 6 476.90 | 8 006.12 | 10 513.38 | 10 533.97 | 8 185.30 |
| Net earnings | 6 127.61 | 8 031.02 | 10 563.88 | 10 894.43 | 7 701.55 |
| Shareholders equity total | 68 372.45 | 76 215.14 | 86 588.36 | 93 982.79 | 101 481.01 |
| Balance sheet total (assets) | 72 408.06 | 79 149.15 | 90 004.63 | 97 157.89 | 103 594.88 |
| Net debt | 917.82 | -10 864.26 | -17 657.93 | -17 720.63 | -17 511.02 |
| Profitability | |||||
| EBIT-% | 118.4 % | 112.2 % | 112.9 % | 114.1 % | 123.0 % |
| ROA | 9.3 % | 11.0 % | 12.9 % | 12.2 % | 9.1 % |
| ROE | 9.4 % | 11.1 % | 13.0 % | 12.1 % | 7.9 % |
| ROI | 9.5 % | 11.3 % | 13.3 % | 12.6 % | 9.3 % |
| Economic value added (EVA) | 3 192.13 | 4 190.36 | 6 310.64 | 5 731.74 | 3 143.08 |
| Solvency | |||||
| Equity ratio | 94.4 % | 96.3 % | 96.2 % | 96.7 % | 98.0 % |
| Gearing | 3.7 % | 0.6 % | 0.0 % | 0.0 % | 0.0 % |
| Relative net indebtedness % | 40.8 % | -120.2 % | -155.5 % | -159.9 % | -234.6 % |
| Liquidity | |||||
| Quick ratio | 4.8 | 15.7 | 149.4 | 114.4 | 116.3 |
| Current ratio | 4.8 | 15.7 | 149.4 | 114.4 | 116.3 |
| Cash and cash equivalents | 1 579.80 | 11 293.76 | 17 690.51 | 17 755.96 | 17 548.89 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 1.2 | 6.4 | 1.0 | 4.6 | 5.8 |
| Net working capital % | 180.0 % | 193.9 % | 268.8 % | 140.7 % | 202.1 % |
| Credit risk | |||||
| Credit rating | AAA | AA | AA | AAA | AA |
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