KURT FERSLEV A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KURT FERSLEV A/S
KURT FERSLEV A/S (CVR number: 77186719) is a company from KØGE. The company recorded a gross profit of -96.9 kDKK in 2023. The operating profit was -96.9 kDKK, while net earnings were 290.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent but Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KURT FERSLEV A/S's liquidity measured by quick ratio was 25.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 114.76 | - 135.28 | - 112.34 | - 122.09 | -96.95 |
EBIT | - 110.99 | - 171.03 | - 117.13 | - 122.09 | -96.95 |
Net earnings | 873.53 | 783.69 | 822.79 | -1 471.93 | 290.46 |
Shareholders equity total | 3 959.41 | 4 663.10 | 5 405.91 | 3 908.97 | 4 199.44 |
Balance sheet total (assets) | 4 959.76 | 5 512.82 | 8 978.34 | 5 903.68 | 4 363.84 |
Net debt | -4 294.69 | -5 003.02 | -8 482.13 | -5 754.95 | -4 220.51 |
Profitability | |||||
EBIT-% | |||||
ROA | 20.0 % | 15.6 % | 15.8 % | 9.6 % | 19.3 % |
ROE | 24.6 % | 18.2 % | 16.3 % | -31.6 % | 7.2 % |
ROI | 22.5 % | 17.2 % | 21.1 % | 14.7 % | 24.4 % |
Economic value added (EVA) | -71.25 | - 129.15 | -54.73 | 50.95 | -2.40 |
Solvency | |||||
Equity ratio | 79.8 % | 84.6 % | 60.2 % | 66.2 % | 96.2 % |
Gearing | 12.0 % | 8.3 % | 6.9 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.8 | 6.4 | 2.5 | 2.9 | 25.9 |
Current ratio | 4.8 | 6.4 | 2.5 | 2.9 | 25.9 |
Cash and cash equivalents | 4 771.16 | 5 389.67 | 8 853.87 | 5 754.95 | 4 220.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | BBB |
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