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: 81317216) is a company from SVENDBORG. The company reported a net sales of 171.5 mDKK in 2023, demonstrating a growth of 28.2 % compared to the previous year. The operating profit percentage was poor at -0.1 % (EBIT: -0.2 mDKK), while net earnings were 5883 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, 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 39 %, 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 0.5 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 financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 100.32 | 133.78 | 171.49 | |
Gross profit | 10.92 | 16.97 | 17.73 | |
EBIT | 1.44 | -0.48 | -0.16 | |
Net earnings | -8.02 | 13.39 | 5.88 | |
Shareholders equity total | 70.90 | 76.53 | 97.74 | 90.11 |
Balance sheet total (assets) | 195.05 | 209.51 | 231.12 | |
Net debt | 113.82 | 62.02 | 107.85 | |
Profitability | ||||
EBIT-% | 1.4 % | -0.4 % | -0.1 % | |
ROA | 0.4 % | 9.5 % | 6.6 % | |
ROE | -5.4 % | 15.4 % | 6.3 % | |
ROI | 0.4 % | 10.6 % | 7.9 % | |
Economic value added (EVA) | -2.28 | 6.16 | 3.41 | |
Solvency | ||||
Equity ratio | 100.0 % | 39.2 % | 46.7 % | 39.0 % |
Gearing | 152.5 % | 71.6 % | 123.4 % | |
Relative net indebtedness % | 115.2 % | 77.6 % | 80.3 % | |
Liquidity | ||||
Quick ratio | 0.4 | 0.4 | 0.5 | |
Current ratio | 0.4 | 0.4 | 0.5 | |
Cash and cash equivalents | 2.91 | 7.99 | 3.38 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | 0.3 | |||
Net working capital % | -69.8 % | -48.5 % | -37.8 % | |
Credit risk | ||||
Credit rating | AA | AA | AA |
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