KJAER GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KJAER GROUP A/S
KJAER GROUP A/S (CVR number: 81317216K) is a company from SVENDBORG. The company reported a net sales of 426.1 mDKK in 2023, demonstrating a growth of 7.4 % compared to the previous year. The operating profit percentage was at 5.7 % (EBIT: 24.5 mDKK), while net earnings were 5883 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 27 %, 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. KJAER GROUP A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 376.00 | 233.00 | 242.76 | 396.73 | 426.13 |
Gross profit | 82.00 | 57.00 | 56.66 | 98.58 | 98.44 |
EBIT | 82.00 | 57.00 | 19.93 | 27.35 | 24.48 |
Net earnings | 2.00 | -1.00 | -8.02 | 13.39 | 5.88 |
Shareholders equity total | 93.00 | 70.90 | 76.53 | 97.74 | 90.11 |
Balance sheet total (assets) | 229.00 | 186.00 | 206.94 | 289.69 | 348.84 |
Net debt | 83.19 | 47.08 | 83.32 | ||
Profitability | |||||
EBIT-% | 21.8 % | 24.5 % | 8.2 % | 6.9 % | 5.7 % |
ROA | 35.4 % | 27.5 % | 10.3 % | 11.4 % | 7.7 % |
ROE | 2.2 % | -1.2 % | -10.9 % | 15.4 % | 6.3 % |
ROI | 35.4 % | 27.5 % | 11.1 % | 16.2 % | 13.7 % |
Economic value added (EVA) | 53.70 | 52.33 | 14.95 | 19.24 | 13.49 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 38.9 % | 35.5 % | 27.0 % |
Gearing | 133.7 % | 67.9 % | 107.6 % | ||
Relative net indebtedness % | 45.8 % | 42.3 % | 56.6 % | ||
Liquidity | |||||
Quick ratio | 0.6 | 0.7 | 0.6 | ||
Current ratio | 1.1 | 1.1 | 1.0 | ||
Cash and cash equivalents | 19.14 | 19.31 | 13.67 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 52.6 | 53.2 | 52.4 | ||
Net working capital % | 4.1 % | 5.4 % | 1.3 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | AA | AA | A |
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