KONGEÅDAL BRUGSFORENING — Credit Rating and Financial Key Figures
Credit rating
Company information
About KONGEÅDAL BRUGSFORENING
KONGEÅDAL BRUGSFORENING (CVR number: 63410012) is a company from ESBJERG. The company reported a net sales of 6.1 mDKK in 2022, demonstrating a growth of 0.7 % compared to the previous year. The operating profit percentage was poor at -3.1 % (EBIT: -0.2 mDKK), while net earnings were -192 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.6 %, which can be considered poor and Return on Equity (ROE) was -24.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KONGEÅDAL BRUGSFORENING's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 669.86 | 5 816.06 | 6 086.13 | 6 061.83 | 6 104.96 |
Gross profit | 842.49 | 932.53 | 911.55 | 1 076.34 | 912.63 |
EBIT | - 150.82 | -96.54 | - 178.87 | -24.21 | - 191.40 |
Net earnings | - 147.96 | -94.10 | - 176.81 | -25.15 | - 191.99 |
Shareholders equity total | 1 159.30 | 1 067.40 | 891.62 | 867.50 | 677.71 |
Balance sheet total (assets) | 1 375.77 | 1 353.33 | 1 380.52 | 1 214.76 | 1 233.66 |
Net debt | - 126.23 | - 156.71 | - 200.59 | -38.79 | -64.34 |
Profitability | |||||
EBIT-% | -2.7 % | -1.7 % | -2.9 % | -0.4 % | -3.1 % |
ROA | -10.0 % | -6.8 % | -12.8 % | -1.8 % | -15.6 % |
ROE | -12.0 % | -8.5 % | -18.1 % | -2.9 % | -24.8 % |
ROI | -11.9 % | -8.3 % | -17.2 % | -2.5 % | -23.0 % |
Economic value added (EVA) | - 214.37 | - 148.45 | - 222.46 | -56.73 | - 230.78 |
Solvency | |||||
Equity ratio | 84.3 % | 78.9 % | 64.6 % | 71.4 % | 54.9 % |
Gearing | |||||
Relative net indebtedness % | 1.6 % | 2.2 % | 4.7 % | 5.1 % | 8.1 % |
Liquidity | |||||
Quick ratio | 2.1 | 1.7 | 1.0 | 1.1 | 0.7 |
Current ratio | 4.4 | 3.7 | 2.3 | 2.9 | 1.8 |
Cash and cash equivalents | 126.23 | 156.71 | 200.59 | 38.79 | 64.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 3.6 | 2.9 | 1.1 | 2.1 | 2.1 |
Net working capital % | 12.8 % | 11.8 % | 9.1 % | 9.2 % | 6.3 % |
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BBB |
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