Kristoffer Glavind Kjær ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kristoffer Glavind Kjær ApS
Kristoffer Glavind Kjær ApS (CVR number: 37824348) is a company from HALSNÆS. The company recorded a gross profit of 465.4 kDKK in 2023. The operating profit was -37.8 kDKK, while net earnings were -23.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.5 %, which can be considered poor and Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.6 %, 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. Kristoffer Glavind Kjær ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 556.10 | ||||
Gross profit | 401.18 | 433.58 | 460.18 | 556.74 | 465.44 |
EBIT | 190.26 | 40.39 | 87.78 | 111.93 | -37.77 |
Net earnings | 153.02 | 24.27 | 62.12 | 221.32 | -23.46 |
Shareholders equity total | 167.76 | 192.03 | 254.15 | 475.48 | 393.11 |
Balance sheet total (assets) | 278.60 | 343.65 | 343.04 | 570.36 | 506.81 |
Net debt | - 130.89 | - 138.06 | - 239.84 | - 368.93 | - 195.85 |
Profitability | |||||
EBIT-% | 34.2 % | ||||
ROA | 92.2 % | 13.0 % | 25.2 % | 54.7 % | -5.5 % |
ROE | 167.7 % | 13.5 % | 27.8 % | 60.7 % | -5.4 % |
ROI | 109.5 % | 19.6 % | 38.4 % | 67.6 % | -6.7 % |
Economic value added (EVA) | 161.83 | 32.00 | 67.30 | 86.71 | -25.25 |
Solvency | |||||
Equity ratio | 60.2 % | 55.9 % | 74.1 % | 83.4 % | 77.6 % |
Gearing | 28.9 % | 2.1 % | 1.8 % | 4.7 % | |
Relative net indebtedness % | -12.3 % | ||||
Liquidity | |||||
Quick ratio | 1.9 | 1.9 | 3.3 | 4.0 | 2.6 |
Current ratio | 1.9 | 1.9 | 3.3 | 4.0 | 2.8 |
Cash and cash equivalents | 179.40 | 142.06 | 239.84 | 377.50 | 214.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 22.3 | ||||
Net working capital % | 18.6 % | ||||
Credit risk | |||||
Credit rating | B | BBB | BBB | BBB | BBB |
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