KLITGAARDEN FONDEN — Credit Rating and Financial Key Figures

CVR number: 20214600
Damstedvej 39, 9990 Skagen

Company information

Official name
KLITGAARDEN FONDEN
Personnel
7 persons
Established
1999
Industry

About KLITGAARDEN FONDEN

KLITGAARDEN FONDEN (CVR number: 20214600) is a company from FREDERIKSHAVN. The company reported a net sales of 3.7 mDKK in 2024, demonstrating a decline of -2 % compared to the previous year. The operating profit percentage was at 1.6 % (EBIT: 0.1 mDKK), while net earnings were 72.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KLITGAARDEN FONDEN's liquidity measured by quick ratio was 3.1 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 401.132 531.903 623.593 781.723 707.55
Gross profit2 084.361 916.562 674.882 831.682 738.06
EBIT- 338.54- 431.83121.65145.2860.27
Net earnings- 356.23- 461.9793.34138.8872.57
Shareholders equity total15 286.5914 629.6614 384.1514 147.4813 904.57
Balance sheet total (assets)16 816.2216 042.8915 398.0415 058.1714 770.83
Net debt-3 791.58-3 319.45-2 610.97-2 070.18-1 699.22
Profitability
EBIT-%-14.1 %-17.1 %3.4 %3.8 %1.6 %
ROA-2.0 %-2.6 %0.8 %1.0 %0.5 %
ROE-2.3 %-3.1 %0.6 %1.0 %0.5 %
ROI-2.2 %-2.9 %0.8 %1.0 %0.6 %
Economic value added (EVA)-1 137.18-1 199.98- 613.49- 577.53- 650.64
Solvency
Equity ratio95.0 %95.8 %97.0 %96.5 %95.8 %
Gearing
Relative net indebtedness %-94.2 %-75.3 %-44.1 %-30.7 %-22.5 %
Liquidity
Quick ratio5.15.46.54.63.1
Current ratio2.72.52.82.62.2
Cash and cash equivalents3 791.583 319.452 610.972 070.181 699.22
Capital use efficiency
Trade debtors turnover (days)20.212.716.022.117.7
Net working capital %108.3 %82.5 %50.9 %38.4 %28.2 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:0.54%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.8%
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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