K Humlegaard ApS — Credit Rating and Financial Key Figures

CVR number: 38968033
Sct.Jørgensgade 24, 4200 Slagelse

Company information

Official name
K Humlegaard ApS
Established
2017
Company form
Private limited company
Industry

About K Humlegaard ApS

K Humlegaard ApS (CVR number: 38968033) is a company from SLAGELSE. The company reported a net sales of 0.7 mDKK in 2023, demonstrating a growth of 126.9 % compared to the previous year. The operating profit percentage was at 97.8 % (EBIT: 0.7 mDKK), while net earnings were 1102.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.1 %, which can be considered excellent and Return on Equity (ROE) was 20.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 97.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K Humlegaard ApS's liquidity measured by quick ratio was 11 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales129.60372.02609.95327.36742.91
Gross profit108.60342.72589.40313.28726.56
EBIT108.60342.72589.40313.28726.56
Net earnings244.32416.76835.78408.731 102.39
Shareholders equity total3 156.353 573.114 408.894 817.615 920.00
Balance sheet total (assets)3 298.723 650.074 482.064 911.246 058.13
Net debt- 569.73- 549.05- 871.87- 974.01-1 414.69
Profitability
EBIT-%83.8 %92.1 %96.6 %95.7 %97.8 %
ROA8.7 %13.8 %22.3 %11.1 %23.1 %
ROE8.1 %12.4 %20.9 %8.9 %20.5 %
ROI9.1 %14.2 %22.7 %11.3 %23.5 %
Economic value added (EVA)106.96351.74582.18354.97741.07
Solvency
Equity ratio95.7 %97.9 %98.4 %98.1 %97.7 %
Gearing0.0 %0.0 %0.2 %0.2 %0.7 %
Relative net indebtedness %-330.4 %-127.1 %-132.4 %-272.0 %-177.2 %
Liquidity
Quick ratio4.07.112.210.611.0
Current ratio4.07.112.210.611.0
Cash and cash equivalents570.58549.90881.02983.901 454.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-32.3 %-20.2 %-6.2 %-24.5 %-9.1 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:23.1%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.7%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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