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OLE KJÆRGAARD HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About OLE KJÆRGAARD HOLDING ApS
OLE KJÆRGAARD HOLDING ApS (CVR number: 28105274) is a company from LEMVIG. The company recorded a gross profit of -49.4 kDKK in 2024. The operating profit was -117.3 kDKK, while net earnings were -367.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was -3.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OLE KJÆRGAARD HOLDING ApS's liquidity measured by quick ratio was 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -52.68 | 78.32 | 112.08 | -12.78 | -49.39 |
| EBIT | -69.69 | - 399.47 | 351.91 | -80.78 | - 117.33 |
| Net earnings | 1 492.61 | - 743.28 | 12.92 | 250.39 | - 367.79 |
| Shareholders equity total | 13 322.11 | 12 178.82 | 11 691.74 | 10 142.13 | 9 474.34 |
| Balance sheet total (assets) | 16 074.82 | 13 670.74 | 13 192.51 | 11 714.76 | 11 066.40 |
| Net debt | -10 697.02 | -9 558.45 | -9 163.95 | -7 781.94 | -7 129.93 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 12.9 % | 1.2 % | 4.1 % | 3.6 % | 2.1 % |
| ROE | 11.3 % | -5.8 % | 0.1 % | 2.3 % | -3.7 % |
| ROI | 13.0 % | 1.2 % | 4.1 % | 3.7 % | 2.2 % |
| Economic value added (EVA) | - 799.78 | -1 108.08 | - 430.86 | - 710.43 | - 681.89 |
| Solvency | |||||
| Equity ratio | 82.9 % | 89.1 % | 88.6 % | 86.6 % | 85.6 % |
| Gearing | 18.5 % | 11.2 % | 11.8 % | 13.5 % | 15.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 7.6 | 10.8 | 10.0 | 9.5 | 8.0 |
| Current ratio | 7.6 | 10.8 | 10.0 | 9.5 | 8.0 |
| Cash and cash equivalents | 13 167.27 | 10 926.34 | 10 546.69 | 9 148.32 | 8 577.64 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | AA | A | A | A | AA |
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