KURT NIELSEN HOLDING. HERNING ApS — Credit Rating and Financial Key Figures

CVR number: 20908599
Nørre Alle 8, 7400 Herning

Credit rating

Company information

Official name
KURT NIELSEN HOLDING. HERNING ApS
Established
1997
Company form
Private limited company
Industry

About KURT NIELSEN HOLDING. HERNING ApS

KURT NIELSEN HOLDING. HERNING ApS (CVR number: 20908599) is a company from HERNING. The company recorded a gross profit of -7.8 kDKK in 2021. The operating profit was -7.8 kDKK, while net earnings were 66.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.6 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KURT NIELSEN HOLDING. HERNING ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit-7.58-17.77-11.58-11.66-7.75
EBIT-7.58-17.77-11.58-11.66-7.75
Net earnings44.60-24.5426.93-23.9666.30
Shareholders equity total1 916.351 786.011 812.941 788.991 855.29
Balance sheet total (assets)1 946.411 815.311 843.601 819.591 897.65
Net debt- 159.91-43.26-33.14-22.98-17.73
Profitability
EBIT-%
ROA2.9 %0.8 %1.9 %3.1 %4.6 %
ROE2.1 %-1.3 %1.5 %-1.3 %3.6 %
ROI2.9 %0.8 %1.9 %-1.7 %4.7 %
Economic value added (EVA)- 110.24- 101.36-95.60-97.62-93.84
Solvency
Equity ratio98.5 %98.4 %98.3 %98.3 %97.8 %
Gearing0.9 %1.0 %1.0 %1.0 %1.2 %
Relative net indebtedness %
Liquidity
Quick ratio58.52.31.91.71.0
Current ratio58.52.31.91.71.0
Cash and cash equivalents178.0261.3751.2441.0940.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.62%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.8%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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