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KAJ MADSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KAJ MADSEN A/S
KAJ MADSEN A/S (CVR number: 73177715K) is a company from KOLDING. The company reported a net sales of 989.7 mDKK in 2024, demonstrating a growth of 10.2 % compared to the previous year. The operating profit percentage was at 2.6 % (EBIT: 25.6 mDKK), while net earnings were 21.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.1 %, which can be considered good but Return on Equity (ROE) was 26.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KAJ MADSEN A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 425.91 | 570.36 | 777.58 | 897.73 | 989.65 |
| Gross profit | 133.41 | 154.21 | 230.36 | 260.10 | 298.81 |
| EBIT | 13.96 | 11.12 | 30.47 | 14.63 | 25.58 |
| Net earnings | 10.22 | 7.54 | 24.44 | 11.32 | 21.56 |
| Shareholders equity total | 44.88 | 49.43 | 70.89 | 72.24 | 88.82 |
| Balance sheet total (assets) | 142.85 | 156.92 | 192.27 | 229.03 | 242.33 |
| Net debt | 10.88 | 19.14 | |||
| Profitability | |||||
| EBIT-% | 3.3 % | 2.0 % | 3.9 % | 1.6 % | 2.6 % |
| ROA | 10.5 % | 7.4 % | 17.5 % | 7.8 % | 12.1 % |
| ROE | 24.2 % | 16.0 % | 40.6 % | 15.8 % | 26.8 % |
| ROI | 12.9 % | 7.4 % | 17.5 % | 11.3 % | 26.0 % |
| Economic value added (EVA) | 10.33 | 8.87 | 27.99 | 7.18 | 14.84 |
| Solvency | |||||
| Equity ratio | 100.0 % | 100.0 % | 100.0 % | 31.5 % | 36.7 % |
| Gearing | 39.0 % | 34.3 % | |||
| Relative net indebtedness % | 15.5 % | 14.3 % | |||
| Liquidity | |||||
| Quick ratio | 1.4 | 1.5 | |||
| Current ratio | 1.4 | 1.5 | |||
| Cash and cash equivalents | 17.31 | 11.29 | |||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 64.1 | 60.7 | |||
| Net working capital % | 6.7 % | 7.5 % | |||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | A | A |
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