KAJ MADSEN FJELSTRUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KAJ MADSEN FJELSTRUP A/S
KAJ MADSEN FJELSTRUP A/S (CVR number: 73177715K) is a company from KOLDING. The company reported a net sales of 897.7 mDKK in 2023, demonstrating a growth of 15.5 % compared to the previous year. The operating profit percentage was at 1.6 % (EBIT: 14.6 mDKK), while net earnings were 11.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.8 %, which can be considered decent but Return on Equity (ROE) was 15.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 31.5 %, 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 FJELSTRUP A/S's liquidity measured by quick ratio was 1.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 425.91 | 570.36 | 777.58 | 897.73 | |
Gross profit | 114.56 | 133.41 | 154.21 | 230.36 | 260.10 |
EBIT | 20.71 | 13.96 | 11.12 | 30.47 | 14.64 |
Net earnings | 15.57 | 10.22 | 7.54 | 24.44 | 11.33 |
Shareholders equity total | 39.70 | 44.88 | 49.43 | 70.89 | 72.24 |
Balance sheet total (assets) | 121.85 | 142.85 | 156.92 | 192.27 | 229.03 |
Net debt | -12.87 | 31.45 | 4.27 | 17.13 | 10.88 |
Profitability | |||||
EBIT-% | 3.3 % | 2.0 % | 3.9 % | 1.6 % | |
ROA | 17.4 % | 10.7 % | 7.5 % | 18.5 % | 7.8 % |
ROE | 46.6 % | 24.2 % | 16.0 % | 40.6 % | 15.8 % |
ROI | 28.3 % | 17.1 % | 14.1 % | 40.8 % | 17.1 % |
Economic value added (EVA) | 14.66 | 9.73 | 6.27 | 21.66 | 7.43 |
Solvency | |||||
Equity ratio | 32.6 % | 31.4 % | 31.5 % | 36.9 % | 31.5 % |
Gearing | 24.2 % | 86.7 % | 31.2 % | 31.3 % | 39.0 % |
Relative net indebtedness % | 21.1 % | 16.8 % | 14.9 % | 15.5 % | |
Liquidity | |||||
Quick ratio | 1.6 | 1.2 | 1.4 | 1.5 | 1.4 |
Current ratio | 1.6 | 1.3 | 1.4 | 1.6 | 1.4 |
Cash and cash equivalents | 22.49 | 7.46 | 11.17 | 5.04 | 17.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 68.5 | 63.7 | 59.4 | 64.1 | |
Net working capital % | 5.2 % | 7.7 % | 8.7 % | 6.7 % | |
Credit risk | |||||
Credit rating | A | AA | A | A | A |
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