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KNUDSGAARD HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KNUDSGAARD HOLDING ApS
KNUDSGAARD HOLDING ApS (CVR number: 26470420K) is a company from SKIVE. The company reported a net sales of 363.9 mDKK in 2025, demonstrating a growth of 7.6 % compared to the previous year. The operating profit percentage was at 8.8 % (EBIT: 31.9 mDKK), while net earnings were 19.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good but Return on Equity (ROE) was 15.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KNUDSGAARD HOLDING ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 321.99 | 284.96 | 246.13 | 338.39 | 363.94 |
| Gross profit | 61.70 | 47.12 | 53.05 | 67.22 | 77.47 |
| EBIT | 61.70 | 47.12 | 53.05 | 24.11 | 31.91 |
| Net earnings | 12.48 | 10.94 | 7.16 | 10.96 | 19.12 |
| Shareholders equity total | 88.67 | 99.50 | 105.16 | 115.13 | 133.25 |
| Balance sheet total (assets) | 368.33 | 385.78 | |||
| Net debt | 147.37 | 130.68 | |||
| Profitability | |||||
| EBIT-% | 19.2 % | 16.5 % | 21.6 % | 7.1 % | 8.8 % |
| ROA | 6.5 % | 8.5 % | |||
| ROE | 7.5 % | 5.8 % | 3.5 % | 5.0 % | 15.4 % |
| ROI | 7.9 % | 10.3 % | |||
| Economic value added (EVA) | 57.85 | 42.67 | 48.05 | 13.12 | 9.39 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 31.3 % | 34.5 % |
| Gearing | 146.6 % | 121.5 % | |||
| Relative net indebtedness % | 62.0 % | 54.1 % | |||
| Liquidity | |||||
| Quick ratio | 1.2 | 1.3 | |||
| Current ratio | 1.2 | 1.3 | |||
| Cash and cash equivalents | 21.41 | 31.19 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 43.1 | 50.6 | |||
| Net working capital % | 4.6 % | 6.7 % | |||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BBB | AA |
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