KURT ALMINDE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31594278
Lærkevej 9, 4171 Glumsø

Company information

Official name
KURT ALMINDE HOLDING ApS
Established
2008
Company form
Private limited company
Industry

About KURT ALMINDE HOLDING ApS

KURT ALMINDE HOLDING ApS (CVR number: 31594278) is a company from NÆSTVED. The company recorded a gross profit of -1 kDKK in 2021. The operating profit was -1 kDKK, while net earnings were 5.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 36.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KURT ALMINDE HOLDING ApS's liquidity measured by quick ratio was 1.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit-11.12-9.85-12.16-1.10-1.00
EBIT-11.12-9.85-12.16-1.10-1.00
Net earnings6.03-34.3321.60-8.385.24
Shareholders equity total464.98430.65452.25133.27138.51
Balance sheet total (assets)563.53513.35469.19437.78382.08
Net debt- 506.13- 443.54- 437.66- 232.53- 147.89
Profitability
EBIT-%
ROA3.5 %-1.5 %4.7 %-0.2 %3.4 %
ROE1.2 %-7.7 %4.9 %-2.9 %3.9 %
ROI3.6 %-1.6 %4.8 %-0.3 %3.9 %
Economic value added (EVA)-7.69-4.90-8.02-1.7314.30
Solvency
Equity ratio82.5 %83.9 %96.4 %30.4 %36.3 %
Gearing12.3 %16.1 %0.4 %154.0 %169.1 %
Relative net indebtedness %
Liquidity
Quick ratio5.76.227.71.41.6
Current ratio5.76.227.71.41.6
Cash and cash equivalents563.53513.00439.63437.78382.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:3.39%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.3%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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