KARDEX DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 35859136
Agerhatten 16 A, Tornbjerg 5220 Odense SØ
info.remstar.dk@kardex.com
tel: 66128224
https://www.kardex-remstar.dk
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Company information

Official name
KARDEX DANMARK A/S
Personnel
18 persons
Established
2014
Domicile
Tornbjerg
Company form
Limited company
Industry

About KARDEX DANMARK A/S

KARDEX DANMARK A/S (CVR number: 35859136) is a company from ODENSE. The company recorded a gross profit of 18.8 mDKK in 2024. The operating profit was 7186.2 kDKK, while net earnings were 5695.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.4 %, which can be considered excellent and Return on Equity (ROE) was 38.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KARDEX DANMARK A/S's liquidity measured by quick ratio was 2.6 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 profit8 106.2710 528.6010 054.7314 168.4018 821.08
EBIT2 655.594 086.602 683.466 450.167 186.16
Net earnings1 988.313 089.201 887.315 122.745 695.67
Shareholders equity total9 341.5110 630.7010 293.0113 915.7615 611.43
Balance sheet total (assets)17 709.4920 720.2821 441.1927 320.6429 250.76
Net debt-9 852.90-10 175.72-9 083.58-12 479.88-1 683.06
Profitability
EBIT-%
ROA14.5 %21.4 %13.0 %27.5 %26.4 %
ROE21.5 %30.9 %18.0 %42.3 %38.6 %
ROI23.4 %35.5 %23.9 %47.3 %44.0 %
Economic value added (EVA)1 511.622 589.601 457.174 450.354 756.37
Solvency
Equity ratio54.7 %50.9 %55.3 %54.2 %58.7 %
Gearing26.8 %17.1 %10.9 %21.2 %9.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.22.52.32.6
Current ratio2.32.01.92.02.1
Cash and cash equivalents12 357.4711 994.5610 208.4615 423.543 194.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:26.4%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.7%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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