KIRKEHØJGAARD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KIRKEHØJGAARD ApS
KIRKEHØJGAARD ApS (CVR number: 25372808K) is a company from HORSENS. The company reported a net sales of 567 mDKK in 2023, demonstrating a decline of -18.9 % compared to the previous year. The operating profit percentage was at 3.7 % (EBIT: 21 mDKK), while net earnings were 16.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 63.4 %, 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. KIRKEHØJGAARD ApS's liquidity measured by quick ratio was 2.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 450.61 | 540.95 | 675.91 | 698.92 | 567.00 |
Gross profit | 57.52 | 84.81 | 107.81 | 85.20 | 44.00 |
EBIT | 57.52 | 84.81 | 107.81 | 59.41 | 20.97 |
Net earnings | 18.00 | 49.30 | 61.33 | 54.54 | 16.87 |
Shareholders equity total | 192.50 | 252.01 | 303.22 | 345.93 | 398.21 |
Balance sheet total (assets) | 424.05 | 517.44 | 588.54 | 612.12 | 636.88 |
Net debt | 13.41 | -31.62 | |||
Profitability | |||||
EBIT-% | 12.8 % | 15.7 % | 15.9 % | 8.5 % | 3.7 % |
ROA | 14.0 % | 18.0 % | 19.5 % | 12.4 % | 4.0 % |
ROE | 18.7 % | 22.2 % | 22.1 % | 16.9 % | 4.7 % |
ROI | 14.0 % | 18.0 % | 19.5 % | 13.9 % | 4.9 % |
Economic value added (EVA) | 57.52 | 75.14 | 95.14 | 31.74 | -0.63 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 56.9 % | 63.4 % |
Gearing | 30.5 % | 24.0 % | |||
Relative net indebtedness % | 20.2 % | 12.8 % | |||
Liquidity | |||||
Quick ratio | 1.7 | 2.5 | |||
Current ratio | 3.1 | 3.6 | |||
Cash and cash equivalents | 92.18 | 127.12 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 59.8 | 70.1 | |||
Net working capital % | 36.6 % | 46.9 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AA |
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