Tove Kajgaard ApS — Credit Rating and Financial Key Figures

CVR number: 40614583
Hegnsvej 11, 9970 Strandby
lkajgaard@tdcadsl.dk
tel: 20332816
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Company information

Official name
Tove Kajgaard ApS
Personnel
7 persons
Established
2019
Company form
Private limited company
Industry

About Tove Kajgaard ApS

Tove Kajgaard ApS (CVR number: 40614583) is a company from FREDERIKSHAVN. The company recorded a gross profit of 10.4 mDKK in 2024. The operating profit was 1911.1 kDKK, while net earnings were 1164.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent and Return on Equity (ROE) was 6.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 58.6 %, 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. Tove Kajgaard ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit6 660.357 774.187 447.339 579.7710 376.05
EBIT-5 474.86979.82541.432 044.361 911.15
Net earnings-4 739.46210.35-60.971 159.911 164.32
Shareholders equity total15 309.5315 798.2516 267.2317 338.0918 175.12
Balance sheet total (assets)35 333.0734 555.8634 258.7132 155.1631 040.23
Net debt13 011.4812 065.8710 856.298 472.566 311.51
Profitability
EBIT-%
ROA-14.1 %2.8 %1.6 %6.5 %6.5 %
ROE-27.0 %1.4 %-0.4 %6.9 %6.6 %
ROI-15.0 %3.0 %1.7 %6.7 %6.8 %
Economic value added (EVA)-6 240.18-1 045.57-1 216.58-84.42-56.12
Solvency
Equity ratio43.3 %45.7 %47.5 %53.9 %58.6 %
Gearing85.7 %77.5 %74.9 %49.3 %35.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.41.30.30.3
Current ratio0.10.41.40.40.3
Cash and cash equivalents105.39181.601 333.6579.3383.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:6.45%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.6%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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