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: 27543367) is a company from FAVRSKOV. The company reported a net sales of 382.1 mDKK in 2024, demonstrating a growth of 2.3 % compared to the previous year. The operating profit percentage was poor at -0.9 % (EBIT: -3.4 mDKK), while net earnings were 1786.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 40.1 %, 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 1.8 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 402.38 | 321.15 | 351.57 | 373.72 | 382.14 |
Gross profit | 60.50 | 43.25 | 24.27 | 16.61 | 4.31 |
EBIT | 44.56 | 30.18 | 15.95 | 7.89 | -3.35 |
Net earnings | 33.00 | 26.42 | 4.99 | 8.40 | 1.79 |
Shareholders equity total | 77.34 | 73.66 | 55.25 | 60.64 | 57.13 |
Balance sheet total (assets) | 157.35 | 135.79 | 116.69 | 133.91 | 142.40 |
Net debt | - 110.62 | -86.45 | -67.40 | -74.06 | -55.66 |
Profitability | |||||
EBIT-% | 11.1 % | 9.4 % | 4.5 % | 2.1 % | -0.9 % |
ROA | 26.8 % | 25.0 % | 14.6 % | 10.7 % | 3.2 % |
ROE | 42.6 % | 35.0 % | 7.7 % | 14.5 % | 3.0 % |
ROI | 47.1 % | 40.3 % | 22.6 % | 18.3 % | 5.6 % |
Economic value added (EVA) | 29.42 | 18.79 | 7.85 | 2.52 | -6.31 |
Solvency | |||||
Equity ratio | 49.2 % | 54.2 % | 48.6 % | 45.3 % | 40.1 % |
Gearing | 0.0 % | 0.0 % | 20.6 % | ||
Relative net indebtedness % | -10.8 % | -13.1 % | -6.5 % | -3.8 % | 1.1 % |
Liquidity | |||||
Quick ratio | 2.3 | 2.9 | 2.6 | 2.2 | 1.8 |
Current ratio | 2.3 | 2.9 | 2.4 | 2.2 | 1.9 |
Cash and cash equivalents | 110.62 | 86.45 | 67.41 | 74.08 | 67.41 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 19.0 | 28.3 | 16.9 | 35.2 | 23.9 |
Net working capital % | 5.9 % | 5.5 % | 2.5 % | 2.6 % | -0.1 % |
Credit risk | |||||
Credit rating | A | AA | AA | A | BBB |
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