T. KJELSMARK HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T. KJELSMARK HOLDING ApS
T. KJELSMARK HOLDING ApS (CVR number: 29415560) is a company from HORSENS. The company recorded a gross profit of -4.9 kDKK in 2024. The operating profit was -4.9 kDKK, while net earnings were 885.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 18.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. T. KJELSMARK HOLDING ApS'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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -15.88 | -13.80 | -19.31 | -15.75 | -4.88 |
| EBIT | -15.88 | -13.80 | -19.31 | -15.75 | -4.88 |
| Net earnings | 340.86 | 501.01 | 126.14 | 1 193.04 | 885.67 |
| Shareholders equity total | 2 818.40 | 3 262.91 | 3 331.84 | 4 465.98 | 5 290.65 |
| Balance sheet total (assets) | 4 510.17 | 4 833.43 | 5 148.62 | 7 950.29 | 8 738.75 |
| Net debt | -2 993.31 | -3 658.26 | -4 169.71 | -5 496.74 | -6 305.80 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.0 % | 14.4 % | 5.3 % | 21.9 % | 11.6 % |
| ROE | 12.7 % | 16.5 % | 3.8 % | 30.6 % | 18.2 % |
| ROI | 14.4 % | 22.1 % | 8.0 % | 36.7 % | 19.8 % |
| Economic value added (EVA) | - 139.63 | - 152.39 | - 178.93 | - 179.56 | - 229.29 |
| Solvency | |||||
| Equity ratio | 62.5 % | 67.5 % | 64.7 % | 56.2 % | 60.5 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.8 | 2.3 | 2.3 | 1.6 | 1.8 |
| Current ratio | 1.8 | 2.3 | 2.3 | 1.6 | 1.8 |
| Cash and cash equivalents | 2 993.31 | 3 658.26 | 4 169.71 | 5 496.74 | 6 305.80 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | A | A |
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