KJ Erhverv ApS — Credit Rating and Financial Key Figures

CVR number: 33033907
Violvej 184, 8700 Horsens
kj@hansted.net
tel: 28119466

Company information

Official name
KJ Erhverv ApS
Established
2010
Company form
Private limited company
Industry

About KJ Erhverv ApS

KJ Erhverv ApS (CVR number: 33033907) is a company from HORSENS. The company recorded a gross profit of 389.4 kDKK in 2023. The operating profit was 361.5 kDKK, while net earnings were 242.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 26.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KJ Erhverv ApS's liquidity measured by quick ratio was 0.9 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 profit316.86292.15180.36263.65389.38
EBIT281.67256.41144.63235.75361.49
Net earnings145.12138.9221.61126.79242.71
Shareholders equity total394.24533.16554.77801.221 043.92
Balance sheet total (assets)3 855.263 959.383 899.783 108.703 187.33
Net debt2 897.562 881.182 791.511 425.031 544.77
Profitability
EBIT-%
ROA7.7 %6.6 %3.7 %6.7 %11.8 %
ROE45.1 %30.0 %4.0 %18.7 %26.3 %
ROI8.5 %7.2 %4.0 %7.5 %13.4 %
Economic value added (EVA)102.7371.10-22.9453.52176.64
Solvency
Equity ratio10.2 %13.5 %14.2 %25.8 %32.8 %
Gearing751.0 %570.2 %518.8 %217.9 %154.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.70.9
Current ratio0.10.10.10.70.9
Cash and cash equivalents63.02158.7886.67320.5967.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:11.8%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.8%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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