K/S KRISTENSEN PARTNERS I — Credit Rating and Financial Key Figures

CVR number: 29146713
Skibsbyggerivej 5, 9000 Aalborg

Company information

Official name
K/S KRISTENSEN PARTNERS I
Established
2005
Company form
Limited partnership
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales115 583.00128 383.00108 931.0042 105.009 174.00
Gross profit69 488.0039 883.0025 283.00-1 056.00-1 390.00
EBIT108 465.00199 558.00141 244.0051 800.00-2 167.00
Net earnings84 112.00174 245.00113 863.0048 610.00-6 778.00
Shareholders equity total683 359.00771 075.00528 945.00287 339.00295 784.00
Balance sheet total (assets)1 836 807.002 070 090.001 480 661.00541 746.00364 042.00
Net debt1 071 104.001 131 907.00761 760.00125 046.0037 810.00
Profitability
EBIT-%93.8 %155.4 %129.7 %123.0 %-23.6 %
ROA6.1 %10.3 %8.3 %6.1 %-0.5 %
ROE12.3 %24.0 %17.6 %12.0 %-2.3 %
ROI6.2 %10.6 %8.9 %6.7 %-0.5 %
Economic value added (EVA)109 644.72112 862.9047 102.7223 806.12-15 927.37
Solvency
Equity ratio37.2 %37.3 %35.8 %53.0 %81.2 %
Gearing160.8 %148.2 %146.8 %70.0 %20.2 %
Relative net indebtedness %958.5 %958.1 %831.6 %423.5 %503.3 %
Liquidity
Quick ratio0.60.80.30.50.4
Current ratio0.60.80.30.50.4
Cash and cash equivalents27 609.0010 931.0014 535.0076 092.0022 084.00
Capital use efficiency
Trade debtors turnover (days)5.610.021.317.647.3
Net working capital %-17.9 %-31.2 %-549.7 %-243.7 %-420.9 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:-0.48%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.2%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer
Chairman of the board
Board member

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