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

CVR number: 34224242
Svalehaven 24, 7430 Ikast
vib.aps@hotmail.com
Free credit report Annual report

Credit rating

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 1823.3 kDKK in 2024. The operating profit was 1773.3 kDKK, while net earnings were 466.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 19.5 %, 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 105.16647.241 758.931 783.101 823.28
EBIT-87.90647.242 124.321 203.101 773.27
Net earnings-90.77-24.56317.55-84.28466.40
Shareholders equity total6 331.896 307.326 624.886 540.597 007.00
Balance sheet total (assets)22 387.0837 157.4936 630.0036 059.4036 000.00
Net debt15 988.9129 229.0429 362.8728 855.5828 257.10
Profitability
EBIT-%
ROA-0.7 %2.2 %5.8 %3.3 %4.9 %
ROE-2.6 %-0.4 %4.9 %-1.3 %6.9 %
ROI-0.7 %2.2 %5.9 %3.4 %5.0 %
Economic value added (EVA)- 225.15- 616.46- 178.48- 741.39- 399.95
Solvency
Equity ratio28.3 %17.0 %18.1 %18.1 %19.5 %
Gearing252.5 %479.1 %443.2 %441.2 %403.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.0
Current ratio0.00.10.0
Cash and cash equivalents987.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:4.92%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.5%
Rating: 19/100
-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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