KAO DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 19733033
Lyngbyvej 2, 2100 København Ø
tel: 46153610

Company information

Official name
KAO DENMARK A/S
Personnel
26 persons
Established
1996
Company form
Limited company
Industry

About KAO DENMARK A/S

KAO DENMARK A/S (CVR number: 19733033) is a company from KØBENHAVN. The company recorded a gross profit of 17.4 mDKK in 2023. The operating profit was 771.3 kDKK, while net earnings were 895.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 60.3 %, 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. KAO DENMARK A/S's liquidity measured by quick ratio was 2.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit17 816.5916 234.9915 363.0715 390.7317 382.71
EBIT1 005.60774.60662.32524.92771.29
Net earnings928.49692.76651.94546.25895.46
Shareholders equity total10 019.0910 711.8610 263.8010 810.059 685.50
Balance sheet total (assets)16 922.7526 216.7516 844.8318 365.0016 060.32
Net debt-3 017.73-8 004.50-6 136.40-2 635.98- 142.71
Profitability
EBIT-%
ROA6.8 %4.6 %4.2 %4.4 %7.6 %
ROE9.4 %6.7 %6.2 %5.2 %8.7 %
ROI9.6 %6.1 %5.4 %5.6 %10.1 %
Economic value added (EVA)497.75346.72869.73226.92289.67
Solvency
Equity ratio59.2 %40.9 %60.9 %58.9 %60.3 %
Gearing19.1 %90.9 %15.5 %33.1 %19.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.52.82.32.3
Current ratio2.01.52.92.32.4
Cash and cash equivalents4 930.9617 740.507 731.056 209.972 047.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAA

Variable visualization

ROA:7.61%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.3%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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