K Humlegaard ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 129.60 | 372.02 | 609.95 | 327.36 | 742.91 |
Gross profit | 108.60 | 342.72 | 589.40 | 313.28 | 726.56 |
EBIT | 108.60 | 342.72 | 589.40 | 313.28 | 726.56 |
Net earnings | 244.32 | 416.76 | 835.78 | 408.73 | 1 102.39 |
Shareholders equity total | 3 156.35 | 3 573.11 | 4 408.89 | 4 817.61 | 5 920.00 |
Balance sheet total (assets) | 3 298.72 | 3 650.07 | 4 482.06 | 4 911.24 | 6 058.13 |
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 % |
ROA | 8.7 % | 13.8 % | 22.3 % | 11.1 % | 23.1 % |
ROE | 8.1 % | 12.4 % | 20.9 % | 8.9 % | 20.5 % |
ROI | 9.1 % | 14.2 % | 22.7 % | 11.3 % | 23.5 % |
Economic value added (EVA) | 106.96 | 351.74 | 582.18 | 354.97 | 741.07 |
Solvency | |||||
Equity ratio | 95.7 % | 97.9 % | 98.4 % | 98.1 % | 97.7 % |
Gearing | 0.0 % | 0.0 % | 0.2 % | 0.2 % | 0.7 % |
Relative net indebtedness % | -330.4 % | -127.1 % | -132.4 % | -272.0 % | -177.2 % |
Liquidity | |||||
Quick ratio | 4.0 | 7.1 | 12.2 | 10.6 | 11.0 |
Current ratio | 4.0 | 7.1 | 12.2 | 10.6 | 11.0 |
Cash and cash equivalents | 570.58 | 549.90 | 881.02 | 983.90 | 1 454.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -32.3 % | -20.2 % | -6.2 % | -24.5 % | -9.1 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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