KALUNDBORG RENSEANLÆG A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KALUNDBORG RENSEANLÆG A/S
KALUNDBORG RENSEANLÆG A/S (CVR number: 31774608) is a company from KALUNDBORG. The company reported a net sales of 48.7 mDKK in 2023, demonstrating a decline of -10.2 % compared to the previous year. The operating profit percentage was poor at -14.6 % (EBIT: -7.1 mDKK), while net earnings were -7063 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KALUNDBORG RENSEANLÆG A/S's liquidity measured by quick ratio was 14.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 46.90 | 51.83 | 52.02 | 54.26 | 48.74 |
Gross profit | -0.49 | 3.40 | 1.32 | 1.06 | -5.67 |
EBIT | -6.54 | -0.88 | -3.10 | -0.78 | -7.13 |
Net earnings | 3.51 | 1.02 | 3.72 | -0.88 | -7.06 |
Shareholders equity total | 142.24 | 143.26 | 146.98 | 146.10 | 139.04 |
Balance sheet total (assets) | 229.39 | 224.63 | 221.36 | 214.02 | 242.31 |
Net debt | 15.81 | 22.21 | 16.46 | 26.36 | 42.03 |
Profitability | |||||
EBIT-% | -13.9 % | -1.7 % | -6.0 % | -1.4 % | -14.6 % |
ROA | -2.8 % | -0.4 % | -1.4 % | -0.3 % | -3.1 % |
ROE | 2.4 % | 0.7 % | 2.6 % | -0.6 % | -5.0 % |
ROI | -3.3 % | -0.5 % | -1.6 % | -0.4 % | -2.8 % |
Economic value added (EVA) | -8.59 | -8.07 | -9.71 | -8.06 | -14.42 |
Solvency | |||||
Equity ratio | 62.6 % | 64.4 % | 67.0 % | 78.3 % | 80.8 % |
Gearing | 25.0 % | 21.6 % | 18.8 % | 18.0 % | 47.9 % |
Relative net indebtedness % | 66.6 % | 73.6 % | 57.8 % | 17.6 % | -33.8 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.2 | 0.9 | 25.8 | 14.4 |
Current ratio | 1.5 | 1.1 | 0.9 | 3.5 | 7.5 |
Cash and cash equivalents | 19.76 | 8.74 | 11.12 | 24.52 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 28.8 | 19.4 | 13.9 | 4.2 | 4.8 |
Net working capital % | 23.6 % | 4.8 % | -6.7 % | 10.9 % | 56.5 % |
Credit risk | |||||
Credit rating | A | AA | A | A | BBB |
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