KAAGAARDS MØBELFABRIK A/S — Credit Rating and Financial Key Figures

KAAGAARDS MØBELFABRIK A/S (CVR number: 34116415) is a company from SILKEBORG. The company recorded a gross profit of 4168 kDKK in 2023. The operating profit was 540.1 kDKK, while net earnings were 34.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.7 %, which can be considered excellent and Return on Equity (ROE) was 16.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KAAGAARDS MØBELFABRIK A/S's liquidity measured by quick ratio was 3.8 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.