KAJ OVE MADSEN A/S AARHUS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KAJ OVE MADSEN A/S AARHUS
KAJ OVE MADSEN A/S AARHUS (CVR number: 27543367K) is a company from FAVRSKOV. The company recorded a gross profit of 5075.9 kDKK in 2024. The operating profit was -3284.8 kDKK, while net earnings were 1448.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 38.7 %, 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. KAJ OVE MADSEN A/S AARHUS's liquidity measured by quick ratio was 1.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 444 441.40 | 367 020.70 | |||
Gross profit | 72 840.37 | 56 945.54 | 25 142.40 | 16 829.63 | 5 075.87 |
EBIT | 45 635.65 | 31 447.83 | 16 457.83 | 8 071.47 | -3 284.83 |
Net earnings | 33 004.81 | 26 417.12 | 4 411.01 | 8 053.63 | 1 448.52 |
Shareholders equity total | 77 340.03 | 73 657.14 | 54 668.15 | 59 721.78 | 55 870.30 |
Balance sheet total (assets) | 166 261.82 | 144 335.40 | 125 967.66 | 136 158.64 | 144 328.95 |
Net debt | - 109 032.81 | -83 840.79 | -65 052.74 | -72 143.88 | -54 363.60 |
Profitability | |||||
EBIT-% | 10.3 % | 8.6 % | |||
ROA | 25.7 % | 23.8 % | 12.4 % | 10.9 % | 2.9 % |
ROE | 42.6 % | 35.0 % | 6.9 % | 14.1 % | 2.5 % |
ROI | 45.3 % | 39.2 % | 19.0 % | 18.1 % | 5.1 % |
Economic value added (EVA) | 29 988.52 | 19 580.98 | 17 825.44 | 2 183.61 | -6 355.95 |
Solvency | |||||
Equity ratio | 46.6 % | 51.4 % | 44.5 % | 43.9 % | 38.7 % |
Gearing | 4.4 % | 4.4 % | 5.6 % | 4.9 % | 25.9 % |
Relative net indebtedness % | -8.2 % | -9.3 % | |||
Liquidity | |||||
Quick ratio | 2.2 | 2.6 | 2.0 | 2.0 | 1.6 |
Current ratio | 2.2 | 2.6 | 1.9 | 2.0 | 1.8 |
Cash and cash equivalents | 112 403.81 | 87 083.20 | 68 123.97 | 75 062.20 | 68 844.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 19.7 | 28.2 | |||
Net working capital % | 5.4 % | 4.1 % | |||
Credit risk | |||||
Credit rating | AA | AA | A | A | BBB |
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