FLEMMING KÆRGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 29216045
Jyllandsgade 34, 6500 Vojens

Credit rating

Company information

Official name
FLEMMING KÆRGAARD HOLDING ApS
Established
2005
Company form
Private limited company
Industry

About FLEMMING KÆRGAARD HOLDING ApS

FLEMMING KÆRGAARD HOLDING ApS (CVR number: 29216045) is a company from HADERSLEV. The company recorded a gross profit of -7.6 kDKK in 2023. The operating profit was -7.6 kDKK, while net earnings were 44.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good but Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLEMMING KÆRGAARD HOLDING ApS's liquidity measured by quick ratio was 157.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-5.47-10.52-6.41-4.71-7.55
EBIT-5.47-10.52-6.41-4.71-7.55
Net earnings8.5691.58-79.79304.4244.46
Shareholders equity total663.00643.98451.19698.41683.97
Balance sheet total (assets)843.51957.15786.57708.07688.35
Net debt- 610.55- 683.64- 381.00- 674.28- 679.92
Profitability
EBIT-%
ROA2.9 %13.0 %4.3 %42.4 %9.7 %
ROE1.2 %14.0 %-14.6 %53.0 %6.4 %
ROI3.0 %14.2 %4.5 %42.8 %9.8 %
Economic value added (EVA)-4.22-2.3010.2810.65-6.89
Solvency
Equity ratio78.6 %67.3 %57.4 %98.6 %99.4 %
Gearing18.1 %34.5 %72.2 %0.8 %
Relative net indebtedness %
Liquidity
Quick ratio4.43.22.273.3157.3
Current ratio4.43.22.273.3157.3
Cash and cash equivalents730.55905.67706.68679.54679.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:9.72%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.4%
Rating: 90/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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