KAJ OVE MADSEN A/S AARHUS — Credit Rating and Financial Key Figures

CVR number: 27543367
Læsøvej 6, 8382 Hinnerup
tel: 86167770

Credit rating

Company information

Official name
KAJ OVE MADSEN A/S AARHUS
Personnel
34 persons
Established
2004
Company form
Limited company
Industry
  • Expand more icon41Construction of buildings

About KAJ OVE MADSEN A/S AARHUS

KAJ OVE MADSEN A/S AARHUS (CVR number: 27543367) is a company from FAVRSKOV. The company reported a net sales of 373.7 mDKK in 2023, demonstrating a growth of 6.3 % compared to the previous year. The operating profit percentage was at 2.1 % (EBIT: 7.9 mDKK), while net earnings were 8396.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good and Return on Equity (ROE) was 14.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 45.3 %, 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. KAJ OVE MADSEN A/S AARHUS's liquidity measured by quick ratio was 2.2 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 (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales592.46402.38321.15351.57373.72
Gross profit56.4760.5043.2524.2716.61
EBIT39.9744.5630.1815.957.89
Net earnings36.4033.0026.424.998.40
Shareholders equity total77.6477.3473.6655.2560.64
Balance sheet total (assets)186.08157.35135.79116.69133.91
Net debt- 142.15- 110.62-86.45-67.40-74.06
Profitability
EBIT-%6.7 %11.1 %9.4 %4.5 %2.1 %
ROA27.0 %26.8 %25.0 %14.6 %10.7 %
ROE52.8 %42.6 %35.0 %7.7 %14.5 %
ROI52.2 %47.1 %40.3 %22.6 %18.3 %
Economic value added (EVA)31.6438.2325.2613.407.16
Solvency
Equity ratio41.7 %49.2 %54.2 %48.6 %45.3 %
Gearing0.6 %0.0 %0.0 %
Relative net indebtedness %-10.4 %-10.8 %-13.1 %-6.5 %-3.8 %
Liquidity
Quick ratio2.22.32.92.62.2
Current ratio2.22.32.92.42.2
Cash and cash equivalents142.61110.6286.4567.4174.08
Capital use efficiency
Trade debtors turnover (days)18.119.028.316.935.2
Net working capital %6.2 %5.9 %5.5 %2.5 %2.6 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:10.7%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.3%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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