M. KÆRSGAARD HOLDING A/S — Credit Rating and Financial Key Figures

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

Company information

Official name
M. KÆRSGAARD HOLDING A/S
Established
2005
Company form
Limited company
Industry

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 408.5 kDKK in 2024. The operating profit was 219.7 kDKK, while net earnings were 1956.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.6 %, 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 35.3 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit435.03414.65348.23388.46408.55
EBIT245.20224.81158.39198.63219.70
Net earnings3 546.375 029.7410 207.671 271.771 956.42
Shareholders equity total55 870.1360 866.5071 016.9672 232.7074 130.83
Balance sheet total (assets)56 587.2661 525.8271 969.2773 145.1475 221.06
Net debt-23 035.72-22 861.87-22 276.99-25 154.75-27 681.67
Profitability
EBIT-%
ROA6.9 %9.1 %18.7 %2.6 %3.6 %
ROE6.6 %8.6 %15.5 %1.8 %2.7 %
ROI6.9 %9.1 %18.8 %2.7 %3.6 %
Economic value added (EVA)-2 459.24-2 650.26-2 954.10-3 447.17-3 479.85
Solvency
Equity ratio98.7 %98.9 %98.7 %98.8 %98.6 %
Gearing0.1 %0.9 %0.2 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio65.681.526.343.135.3
Current ratio65.681.526.343.135.3
Cash and cash equivalents23 035.7222 901.4022 943.8425 303.2927 942.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.58%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.6%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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