K/S KRISTENSEN PARTNERS I — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S KRISTENSEN PARTNERS I
K/S KRISTENSEN PARTNERS I (CVR number: 29146713K) is a company from AALBORG. The company reported a net sales of 9.2 mDKK in 2020, demonstrating a decline of -78.2 % compared to the previous year. The operating profit percentage was poor at -23.6 % (EBIT: -2.2 mDKK), while net earnings were -6778 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 81.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K/S KRISTENSEN PARTNERS I's liquidity measured by quick ratio was 0.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 115 583.00 | 128 383.00 | 108 931.00 | 42 105.00 | 9 174.00 |
Gross profit | 69 488.00 | 39 883.00 | 25 283.00 | -1 056.00 | -1 390.00 |
EBIT | 108 465.00 | 199 558.00 | 141 244.00 | 51 800.00 | -2 167.00 |
Net earnings | 84 112.00 | 174 245.00 | 113 863.00 | 48 610.00 | -6 778.00 |
Shareholders equity total | 683 359.00 | 771 075.00 | 528 945.00 | 287 339.00 | 295 784.00 |
Balance sheet total (assets) | 1 836 807.00 | 2 070 090.00 | 1 480 661.00 | 541 746.00 | 364 042.00 |
Net debt | 1 071 104.00 | 1 131 907.00 | 761 760.00 | 125 046.00 | 37 810.00 |
Profitability | |||||
EBIT-% | 93.8 % | 155.4 % | 129.7 % | 123.0 % | -23.6 % |
ROA | 6.1 % | 10.3 % | 8.3 % | 6.1 % | -0.5 % |
ROE | 12.3 % | 24.0 % | 17.6 % | 12.0 % | -2.3 % |
ROI | 6.2 % | 10.6 % | 8.9 % | 6.7 % | -0.5 % |
Economic value added (EVA) | 109 644.72 | 112 862.90 | 47 102.72 | 23 806.12 | -15 927.37 |
Solvency | |||||
Equity ratio | 37.2 % | 37.3 % | 35.8 % | 53.0 % | 81.2 % |
Gearing | 160.8 % | 148.2 % | 146.8 % | 70.0 % | 20.2 % |
Relative net indebtedness % | 958.5 % | 958.1 % | 831.6 % | 423.5 % | 503.3 % |
Liquidity | |||||
Quick ratio | 0.6 | 0.8 | 0.3 | 0.5 | 0.4 |
Current ratio | 0.6 | 0.8 | 0.3 | 0.5 | 0.4 |
Cash and cash equivalents | 27 609.00 | 10 931.00 | 14 535.00 | 76 092.00 | 22 084.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 5.6 | 10.0 | 21.3 | 17.6 | 47.3 |
Net working capital % | -17.9 % | -31.2 % | -549.7 % | -243.7 % | -420.9 % |
Credit risk | |||||
Credit rating | AAA | AAA | AA | A | A |
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