KONGEEGEN INVEST A/S — Credit Rating and Financial Key Figures

CVR number: 27212425
Vestergade 19, 9320 Hjallerup

Credit rating

Company information

Official name
KONGEEGEN INVEST A/S
Established
2003
Company form
Limited company
Industry

About KONGEEGEN INVEST A/S

KONGEEGEN INVEST A/S (CVR number: 27212425) is a company from Brønderslev. The company recorded a gross profit of -111.3 kDKK in 2023. The operating profit was -111.3 kDKK, while net earnings were 32.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11 %, which can be considered good but Return on Equity (ROE) was 62.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. KONGEEGEN INVEST A/S'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-26.59-27.35-80.76- 126.12- 111.32
EBIT-26.59-27.35-80.76- 126.12- 111.32
Net earnings22 132.0035 338.7888 796.05-54 137.1232 369.07
Shareholders equity total19 966.5235 905.3190 101.3535 964.2368 333.31
Balance sheet total (assets)177 137.43310 542.79473 027.36403 056.25433 935.86
Net debt-3 239.25- 172 829.87- 354 749.01- 234 457.60- 176 510.80
Profitability
EBIT-%
ROA15.2 %19.7 %28.4 %3.7 %11.0 %
ROE27.8 %126.5 %140.9 %-85.9 %62.1 %
ROI15.7 %34.5 %88.0 %11.7 %31.4 %
Economic value added (EVA)6 146.226 961.3513 654.3518 989.7517 421.89
Solvency
Equity ratio11.3 %11.6 %19.0 %8.9 %15.7 %
Gearing780.4 %186.0 %66.4 %250.2 %144.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.91.10.91.1
Current ratio1.10.91.10.91.1
Cash and cash equivalents159 057.69239 612.21414 542.46324 447.97275 509.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:11.0%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.7%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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