Kiaer Properties ApS — Credit Rating and Financial Key Figures

CVR number: 38000535
Ansager Landevej 13, Stend-Krogag 7200 Grindsted

Credit rating

Company information

Official name
Kiaer Properties ApS
Established
2016
Domicile
Stend-Krogag
Company form
Private limited company
Industry

About Kiaer Properties ApS

Kiaer Properties ApS (CVR number: 38000535K) is a company from BILLUND. The company recorded a gross profit of 15.3 mDKK in 2024. The operating profit was -7445 kDKK, while net earnings were 1339 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 0.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -1.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Kiaer Properties ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit28 699.0025 216.0026 908.0023 560.0015 345.00
EBIT- 379.00244.005 332.00231.00-7 445.00
Net earnings-2 974.00-2 280.002 837.00-6 671.001 339.00
Shareholders equity total2 691.002 779.008 950.00-1 678.00-2 420.00
Balance sheet total (assets)219 507.00194 195.00223 146.00232 188.00217 850.00
Net debt185 215.00170 502.00
Profitability
EBIT-%
ROA-0.2 %0.1 %2.6 %-0.7 %3.2 %
ROE-59.2 %-83.4 %48.4 %-5.9 %0.6 %
ROI-0.2 %0.1 %2.6 %-0.8 %3.9 %
Economic value added (EVA)- 748.64108.785 192.36- 231.97-17 058.73
Solvency
Equity ratio100.0 %100.0 %100.0 %-0.7 %-1.1 %
Gearing-11239.4 %-7548.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.3
Current ratio0.70.7
Cash and cash equivalents3 382.0012 172.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.23%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-1.10%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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