KULSGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 34687986
Hammersholt Erhvervspark 32, 3400 Hillerød

Credit rating

Company information

Official name
KULSGAARD HOLDING ApS
Established
2012
Company form
Private limited company
Industry

About KULSGAARD HOLDING ApS

KULSGAARD HOLDING ApS (CVR number: 34687986) is a company from HILLERØD. The company recorded a gross profit of -20.9 kDKK in 2024. The operating profit was -20.9 kDKK, while net earnings were -167.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.3 %, which can be considered poor and Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KULSGAARD HOLDING ApS's liquidity measured by quick ratio was 0.1 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 profit-14.74-14.74-24.20-18.10-20.91
EBIT-14.74-14.74-24.20-18.10-20.91
Net earnings1 183.23344.19- 283.08-24.13- 167.72
Shareholders equity total12 543.2312 887.4112 604.3412 580.2112 412.50
Balance sheet total (assets)12 554.2512 903.8012 620.7315 500.4716 067.38
Net debt-2 630.03-2 147.28-4 770.912 851.603 602.94
Profitability
EBIT-%
ROA10.5 %3.6 %0.1 %0.0 %-0.3 %
ROE9.9 %2.7 %-2.2 %-0.2 %-1.3 %
ROI10.6 %3.6 %0.1 %0.0 %-0.3 %
Economic value added (EVA)- 582.22- 641.78- 666.47- 647.50- 794.39
Solvency
Equity ratio99.9 %99.9 %99.9 %81.2 %77.3 %
Gearing0.0 %23.1 %29.3 %
Relative net indebtedness %
Liquidity
Quick ratio599.2407.9300.30.10.1
Current ratio599.2407.9300.30.10.1
Cash and cash equivalents2 630.032 147.284 771.0653.0436.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:-0.30%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.3%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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