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 4.5 mDKK in 2023, demonstrating a growth of 89.4 % compared to the previous year. The operating profit percentage was poor at -17.3 % (EBIT: -0.8 mDKK), while net earnings were 10.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak and Return on Equity (ROE) was 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.1 %, 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 2.1 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 574.00 | 5 578.00 | 221 448.00 | 2 351.00 | 4 453.80 |
Gross profit | 2 260.00 | 1 782.00 | 57 733.00 | - 388.00 | 605.80 |
EBIT | -9 038.00 | 8 639.00 | 44 947.00 | 13 602.00 | - 772.73 |
Net earnings | 7 293.00 | 26 663.00 | 97 489.00 | 37 042.00 | 10 367.20 |
Shareholders equity total | 234 821.00 | 261 075.00 | 340 193.00 | 328 495.00 | 286 561.89 |
Balance sheet total (assets) | 492 978.00 | 559 035.00 | 446 974.00 | 394 490.00 | 414 997.44 |
Net debt | 190 163.00 | 215 058.00 | -84 958.00 | 9 540.00 | 54 294.57 |
Profitability | |||||
EBIT-% | -162.1 % | 154.9 % | 20.3 % | 578.6 % | -17.3 % |
ROA | 3.6 % | 8.2 % | 23.8 % | 10.7 % | 3.7 % |
ROE | 3.2 % | 10.8 % | 32.4 % | 11.1 % | 3.4 % |
ROI | 3.5 % | 8.0 % | 24.6 % | 11.1 % | 3.6 % |
Economic value added (EVA) | -2 233.75 | 12 419.46 | 33 419.43 | 8 302.07 | -3 579.01 |
Solvency | |||||
Equity ratio | 47.6 % | 46.7 % | 76.1 % | 83.3 % | 69.1 % |
Gearing | 81.4 % | 86.4 % | 5.2 % | 7.6 % | 29.4 % |
Relative net indebtedness % | 3492.7 % | 3916.7 % | -12.2 % | 587.1 % | 1278.3 % |
Liquidity | |||||
Quick ratio | 0.4 | 0.5 | 3.2 | 5.8 | 2.1 |
Current ratio | 0.4 | 0.5 | 3.2 | 5.8 | 2.1 |
Cash and cash equivalents | 920.00 | 10 487.00 | 102 589.00 | 15 274.00 | 29 849.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 31.2 | 18.1 | 0.1 | 4.2 | 8.6 |
Net working capital % | -783.7 % | -827.6 % | 60.4 % | 2641.6 % | 784.7 % |
Credit risk | |||||
Credit rating | A | A | AAA | A | AA |
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