KB VAGT A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KB VAGT A/S
KB VAGT A/S (CVR number: 20770392) is a company from HEDENSTED. The company recorded a gross profit of 1798.1 kDKK in 2023. The operating profit was -834.2 kDKK, while net earnings were -814.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -38.6 %, which can be considered poor and Return on Equity (ROE) was -58.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KB VAGT A/S's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 113.32 | 1 832.25 | 2 271.03 | 2 114.60 | 1 798.10 |
EBIT | 213.00 | 202.44 | 454.11 | 283.76 | - 834.21 |
Net earnings | 181.33 | 181.19 | 371.29 | 241.91 | - 814.78 |
Shareholders equity total | 2 757.62 | 2 438.81 | 2 310.10 | 2 052.02 | 737.24 |
Balance sheet total (assets) | 3 238.49 | 2 984.19 | 2 777.04 | 2 597.76 | 1 610.97 |
Net debt | -1 828.51 | -1 700.55 | -1 591.00 | -1 670.97 | -1 279.10 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.3 % | 7.8 % | 17.1 % | 11.9 % | -38.6 % |
ROE | 6.2 % | 7.0 % | 15.6 % | 11.1 % | -58.4 % |
ROI | 8.4 % | 9.4 % | 20.8 % | 14.7 % | -53.5 % |
Economic value added (EVA) | 128.97 | 111.11 | 316.52 | 184.66 | - 853.28 |
Solvency | |||||
Equity ratio | 85.2 % | 81.7 % | 83.2 % | 79.0 % | 45.8 % |
Gearing | 0.0 % | 0.1 % | 0.1 % | 0.1 % | 32.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.7 | 5.1 | 5.3 | 4.4 | 1.8 |
Current ratio | 6.2 | 5.2 | 5.3 | 4.4 | 1.8 |
Cash and cash equivalents | 1 829.79 | 1 701.89 | 1 592.39 | 1 672.42 | 1 519.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
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