KJÆR COMPANY A/S — Credit Rating and Financial Key Figures

CVR number: 34224242
Kirkegade 36, 7430 Ikast
vib.aps@hotmail.com

Company information

Official name
KJÆR COMPANY A/S
Established
2012
Company form
Limited company
Industry

About KJÆR COMPANY A/S

KJÆR COMPANY A/S (CVR number: 34224242) is a company from IKAST-BRANDE. The company recorded a gross profit of 1783.1 kDKK in 2023. The operating profit was 1203.1 kDKK, while net earnings were -84.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 18.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. KJÆR COMPANY A/S's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit540.16- 105.16647.241 758.931 783.10
EBIT514.73-87.90647.242 124.321 203.10
Net earnings239.86-90.77-24.56317.55-84.28
Shareholders equity total522.666 331.896 307.326 624.886 540.59
Balance sheet total (assets)3 223.7822 387.0837 157.4936 630.0036 059.40
Net debt2 645.9315 988.9129 229.0429 362.8728 855.58
Profitability
EBIT-%
ROA16.5 %-0.7 %2.2 %5.8 %3.3 %
ROE59.6 %-2.6 %-0.4 %4.9 %-1.3 %
ROI16.8 %-0.7 %2.2 %5.9 %3.4 %
Economic value added (EVA)324.44-91.94186.981 389.49- 534.82
Solvency
Equity ratio16.2 %28.3 %17.0 %18.1 %18.1 %
Gearing506.7 %252.5 %479.1 %443.2 %441.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.10.0
Current ratio0.00.00.10.0
Cash and cash equivalents2.50987.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.31%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.1%
Rating: 17/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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