KONGEEGEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KONGEEGEN A/S
KONGEEGEN A/S (CVR number: 21144274) is a company from FREDENSBORG. The company reported a net sales of 6.1 mDKK in 2024, demonstrating a growth of 37.8 % compared to the previous year. The operating profit percentage was poor at -123.7 % (EBIT: -7.6 mDKK), while net earnings were 10.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70 %, 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. KONGEEGEN A/S's liquidity measured by quick ratio was 8.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 578.00 | 221 448.00 | 2 351.00 | 4 453.80 | 6 135.98 |
Gross profit | 1 782.00 | 57 733.00 | - 388.00 | 605.80 | - 159.45 |
EBIT | 8 639.00 | 44 947.00 | 13 602.00 | - 772.73 | -7 593.06 |
Net earnings | 26 663.00 | 97 489.00 | 37 042.00 | 10 367.20 | 10 455.54 |
Shareholders equity total | 261 075.00 | 340 193.00 | 328 495.00 | 286 561.89 | 267 017.43 |
Balance sheet total (assets) | 559 035.00 | 446 974.00 | 394 490.00 | 414 997.44 | 381 509.08 |
Net debt | 215 058.00 | -84 958.00 | 9 540.00 | 54 294.57 | 65 972.67 |
Profitability | |||||
EBIT-% | 154.9 % | 20.3 % | 578.6 % | -17.3 % | -123.7 % |
ROA | 8.2 % | 23.8 % | 10.7 % | 3.7 % | 4.3 % |
ROE | 10.8 % | 32.4 % | 11.1 % | 3.4 % | 3.8 % |
ROI | 8.0 % | 24.6 % | 11.1 % | 3.6 % | 4.1 % |
Economic value added (EVA) | -18 411.22 | -1 963.66 | -11 422.41 | -20 157.59 | -31 028.61 |
Solvency | |||||
Equity ratio | 46.7 % | 76.1 % | 83.3 % | 69.1 % | 70.0 % |
Gearing | 86.4 % | 5.2 % | 7.6 % | 29.4 % | 25.6 % |
Relative net indebtedness % | 3916.7 % | -12.2 % | 587.1 % | 1278.3 % | 1096.7 % |
Liquidity | |||||
Quick ratio | 0.5 | 3.2 | 5.8 | 2.1 | 8.4 |
Current ratio | 0.5 | 3.2 | 5.8 | 2.1 | 8.4 |
Cash and cash equivalents | 10 487.00 | 102 589.00 | 15 274.00 | 29 849.79 | 2 495.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 18.1 | 0.1 | 4.2 | 8.6 | 1.8 |
Net working capital % | -827.6 % | 60.4 % | 2641.6 % | 784.7 % | 550.1 % |
Credit risk | |||||
Credit rating | A | AAA | A | AA | A |
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