B. KARGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27658857
Mannehøj 89, 6600 Vejen

Credit rating

Company information

Official name
B. KARGAARD HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About B. KARGAARD HOLDING ApS

B. KARGAARD HOLDING ApS (CVR number: 27658857) is a company from VEJEN. The company reported a net sales of 0.7 mDKK in 2022, demonstrating a growth of 40 % compared to the previous year. The operating profit percentage was at 98.7 % (EBIT: 0.7 mDKK), while net earnings were 256.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. B. KARGAARD HOLDING ApS's liquidity measured by quick ratio was 797.1 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
2018
2019
2020
2021
2022
Volume
Net sales269.64159.75500.00700.00
Gross profit252.86141.77-12.45487.38690.69
EBIT252.86141.77-12.45487.38690.69
Net earnings256.26576.98257.57787.94256.46
Shareholders equity total4 322.224 789.894 992.165 780.106 036.56
Balance sheet total (assets)4 359.974 904.405 174.275 975.826 044.09
Net debt-2 960.85-3 783.69-2 313.01-3 000.57-2 277.42
Profitability
EBIT-%93.8 %88.7 %97.5 %98.7 %
ROA7.5 %15.0 %6.8 %15.7 %14.7 %
ROE6.0 %12.7 %5.3 %14.6 %4.3 %
ROI7.7 %15.2 %7.0 %16.2 %14.9 %
Economic value added (EVA)301.28164.40-57.76309.08553.03
Solvency
Equity ratio99.1 %97.7 %96.5 %96.7 %99.9 %
Gearing0.7 %0.2 %
Relative net indebtedness %-1095.3 %-2302.5 %-561.0 %-324.3 %
Liquidity
Quick ratio84.242.528.230.3797.1
Current ratio84.242.528.230.3797.1
Cash and cash equivalents2 991.113 792.742 313.013 000.572 277.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %55.9 %796.1 %665.4 %600.8 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:14.7%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.9%
Rating: 98/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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