M. KÆRSGAARD HOLDING A/S

CVR number: 28679459
Hjørringvej 42-44, 9400 Nørresundby
tel: 98172377

Credit rating

Company information

Official name
M. KÆRSGAARD HOLDING A/S
Established
2005
Company form
Limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About M. KÆRSGAARD HOLDING A/S

M. KÆRSGAARD HOLDING A/S (CVR number: 28679459) is a company from AALBORG. The company recorded a gross profit of 388.5 kDKK in 2023. The operating profit was 198.6 kDKK, while net earnings were 1271.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M. KÆRSGAARD HOLDING A/S's liquidity measured by quick ratio was 43.1 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
20192020202120222023
Volume
Net sales
Gross profit414.65435.03414.65348.23388.46
EBIT224.81245.20224.81158.39198.63
Net earnings5 159.463 546.375 029.7410 207.671 271.77
Shareholders equity total52 388.3355 870.1360 866.5071 016.9672 232.70
Balance sheet total (assets)53 021.6856 587.2661 525.8271 969.2773 145.14
Net debt-22 116.26-23 035.72-22 861.87-22 276.99-25 154.75
Profitability
EBIT-%
ROA10.8 %6.9 %9.1 %18.7 %2.6 %
ROE10.4 %6.6 %8.6 %15.5 %1.8 %
ROI10.9 %6.9 %9.1 %18.8 %2.7 %
Economic value added (EVA)1 008.791 290.531 395.891 445.112 136.13
Solvency
Equity ratio98.8 %98.7 %98.9 %98.7 %98.8 %
Gearing0.1 %0.9 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio84.365.681.526.343.1
Current ratio84.365.681.526.343.1
Cash and cash equivalents22 116.2623 035.7222 901.4022 943.8425 303.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:2.65%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.8%
Rating: 81/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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