KURT K. RØGE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KURT K. RØGE A/S
KURT K. RØGE A/S (CVR number: 26684234) is a company from JAMMERBUGT. The company recorded a gross profit of 484.7 kDKK in 2023. The operating profit was -84.9 kDKK, while net earnings were 155.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39.3 %, 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. KURT K. RØGE A/S's liquidity measured by quick ratio was 2.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 658.86 | 491.54 | 149.88 | 455.95 | 484.71 |
EBIT | 493.58 | 341.55 | -45.52 | 312.76 | -84.87 |
Net earnings | 1 350.27 | 829.14 | 942.98 | -21.36 | 155.59 |
Shareholders equity total | 4 714.02 | 5 318.16 | 6 031.14 | 5 779.79 | 5 695.38 |
Balance sheet total (assets) | 13 234.78 | 13 857.35 | 14 731.06 | 14 242.08 | 14 477.75 |
Net debt | 4 362.41 | 3 656.28 | 2 629.63 | 3 512.29 | 3 262.88 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.0 % | 7.6 % | 8.9 % | 2.6 % | 3.5 % |
ROE | 32.8 % | 16.5 % | 16.6 % | -0.4 % | 2.7 % |
ROI | 12.4 % | 7.9 % | 9.3 % | 2.7 % | 3.6 % |
Economic value added (EVA) | 45.90 | - 129.02 | - 448.24 | - 174.36 | - 477.80 |
Solvency | |||||
Equity ratio | 35.6 % | 38.4 % | 40.9 % | 40.6 % | 39.3 % |
Gearing | 167.3 % | 148.0 % | 129.3 % | 140.7 % | 144.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.0 | 3.3 | 3.4 | 3.2 | 2.7 |
Current ratio | 3.0 | 3.3 | 3.4 | 3.2 | 2.7 |
Cash and cash equivalents | 3 522.46 | 4 213.30 | 5 165.85 | 4 617.80 | 4 966.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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