A/S KÆRSGAARD — Credit Rating and Financial Key Figures

CVR number: 28993730
Hjørringvej 42-44, 9400 Nørresundby

Credit rating

Company information

Official name
A/S KÆRSGAARD
Personnel
3 persons
Established
2005
Company form
Limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About A/S KÆRSGAARD

A/S KÆRSGAARD (CVR number: 28993730) is a company from AALBORG. The company recorded a gross profit of 521.7 kDKK in 2023. The operating profit was -653 kDKK, while net earnings were -392.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.1 %, which can be considered poor and Return on Equity (ROE) was -18.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. A/S KÆRSGAARD's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 354.092 060.111 478.341 069.52521.65
EBIT309.601 064.50403.13- 132.95- 653.00
Net earnings338.36936.32448.5827.37- 392.18
Shareholders equity total1 937.372 873.692 322.272 349.641 957.47
Balance sheet total (assets)3 231.664 327.743 270.353 414.102 800.64
Net debt- 843.17-2 021.54- 886.58- 580.71- 396.21
Profitability
EBIT-%
ROA13.7 %32.3 %15.5 %1.4 %-16.1 %
ROE19.1 %38.9 %17.3 %1.2 %-18.2 %
ROI19.8 %46.0 %20.7 %1.9 %-22.5 %
Economic value added (EVA)255.05776.95278.21- 171.14- 598.55
Solvency
Equity ratio59.9 %66.4 %71.0 %68.8 %69.9 %
Gearing3.9 %5.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.32.11.51.71.1
Current ratio2.22.72.82.72.2
Cash and cash equivalents918.822 174.13886.58580.71396.21
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBBBB

Variable visualization

ROA:-16.1%
Rating: 4/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.9%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

Companies in the same industry

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