Kjelgaard A/S — Credit Rating and Financial Key Figures

Kjelgaard A/S (CVR number: 36717726) is a company from Brønderslev. The company recorded a gross profit of 2789.9 kDKK in 2023. The operating profit was 2014 kDKK, while net earnings were 2725.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.9 %, which can be considered excellent and Return on Equity (ROE) was 24.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Kjelgaard A/S's liquidity measured by quick ratio was 2.7 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.