KURT KJÆRGAARD HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KURT KJÆRGAARD HOLDING ApS
KURT KJÆRGAARD HOLDING ApS (CVR number: 29308772) is a company from HOLSTEBRO. The company recorded a gross profit of -22.8 kDKK in 2023. The operating profit was -22.8 kDKK, while net earnings were 101.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.9 %, which can be considered good and Return on Equity (ROE) was 9.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 75.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KURT KJÆRGAARD HOLDING ApS's liquidity measured by quick ratio was 4.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -24.89 | -23.97 | -26.48 | -21.00 | -22.84 |
EBIT | -24.89 | -23.97 | -26.48 | -21.00 | -22.84 |
Net earnings | 19.29 | 148.11 | -88.91 | 51.09 | 101.73 |
Shareholders equity total | 1 160.12 | 1 252.93 | 1 107.52 | 1 101.41 | 1 144.24 |
Balance sheet total (assets) | 1 334.57 | 1 513.91 | 1 376.59 | 1 436.19 | 1 518.01 |
Net debt | -1 162.06 | -1 295.11 | -1 331.85 | -1 384.63 | -1 495.20 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.9 % | 13.9 % | 5.6 % | 5.8 % | 9.9 % |
ROE | 1.6 % | 12.3 % | -7.5 % | 4.6 % | 9.1 % |
ROI | 2.9 % | 14.1 % | 6.2 % | 7.4 % | 13.1 % |
Economic value added (EVA) | -13.25 | -10.03 | -7.55 | -5.08 | -3.52 |
Solvency | |||||
Equity ratio | 86.9 % | 82.8 % | 80.5 % | 76.7 % | 75.4 % |
Gearing | 14.7 % | 17.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.6 | 5.8 | 5.1 | 4.3 | 4.1 |
Current ratio | 7.6 | 5.8 | 5.1 | 4.3 | 4.1 |
Cash and cash equivalents | 1 332.52 | 1 513.91 | 1 331.85 | 1 384.63 | 1 495.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
Variable visualization
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