BJARNE KAAE A/S — Credit Rating and Financial Key Figures

CVR number: 13341400
Østervej 12, Østeregnen 5935 Bagenkop
tel: 40291740

Credit rating

Company information

Official name
BJARNE KAAE A/S
Personnel
1 person
Established
1989
Domicile
Østeregnen
Company form
Limited company
Industry

About BJARNE KAAE A/S

BJARNE KAAE A/S (CVR number: 13341400) is a company from LANGELAND. The company recorded a gross profit of 265.7 kDKK in 2023. The operating profit was 265.7 kDKK, while net earnings were 274.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. BJARNE KAAE A/S's liquidity measured by quick ratio was 22.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 190.813 736.182 732.26- 274.49265.69
EBIT951.38901.64478.09- 590.74265.69
Net earnings662.10662.28316.32- 598.19274.92
Shareholders equity total2 863.753 526.033 785.843 130.453 346.47
Balance sheet total (assets)6 705.806 493.065 181.283 170.773 497.77
Net debt260.09-2 376.31-3 262.72-2 893.15-3 169.47
Profitability
EBIT-%
ROA14.6 %13.8 %8.2 %-13.9 %8.3 %
ROE26.1 %20.7 %8.7 %-17.3 %8.5 %
ROI18.3 %17.5 %9.4 %-14.8 %8.5 %
Economic value added (EVA)630.27597.16366.72- 566.97253.77
Solvency
Equity ratio42.7 %54.3 %73.1 %98.7 %95.7 %
Gearing35.6 %29.7 %24.9 %0.0 %1.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.62.03.673.922.8
Current ratio1.62.03.673.922.8
Cash and cash equivalents759.993 423.114 205.702 893.273 215.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBBBB

Variable visualization

ROA:8.30%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.7%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

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