MOGENS KIRKEGAARD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MOGENS KIRKEGAARD ApS
MOGENS KIRKEGAARD ApS (CVR number: 15276037) is a company from AARHUS. The company recorded a gross profit of -79.8 kDKK in 2024. The operating profit was -79.8 kDKK, while net earnings were 201.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.9 %, which can be considered decent but Return on Equity (ROE) was 13.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 30.3 %, 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. MOGENS KIRKEGAARD ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -75.02 | -72.29 | -74.29 | -75.18 | -79.77 |
EBIT | -75.02 | -72.29 | -74.29 | -75.18 | -79.77 |
Net earnings | - 117.59 | 24.24 | - 888.18 | 194.49 | 201.47 |
Shareholders equity total | 2 463.73 | 2 374.97 | 1 372.39 | 1 449.09 | 1 528.55 |
Balance sheet total (assets) | 5 003.57 | 5 168.13 | 4 399.06 | 4 686.65 | 5 039.96 |
Net debt | -2 468.23 | -5 150.13 | -1 415.39 | -4 668.65 | -5 017.40 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.5 % | 3.1 % | -0.8 % | 8.0 % | 7.9 % |
ROE | -4.6 % | 1.0 % | -47.4 % | 13.8 % | 13.5 % |
ROI | 0.7 % | 4.3 % | -1.1 % | 12.6 % | 25.8 % |
Economic value added (EVA) | - 210.28 | - 322.59 | - 193.63 | - 293.16 | - 152.58 |
Solvency | |||||
Equity ratio | 49.2 % | 46.0 % | 31.2 % | 30.9 % | 30.3 % |
Gearing | 102.2 % | 216.1 % | 0.3 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 1.8 | 1.4 | 1.4 | 1.4 |
Current ratio | 2.0 | 1.8 | 1.4 | 1.4 | 1.4 |
Cash and cash equivalents | 4 985.57 | 5 150.13 | 4 381.06 | 4 668.65 | 5 021.96 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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