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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: 73177715) is a company from KOLDING. The company reported a net sales of 988.1 mDKK in 2024, demonstrating a growth of 10.2 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 19.5 mDKK), while net earnings were 21.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12 %, 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 38.3 %, 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 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2023 | 2024 | |
|---|---|---|---|
| Volume | |||
| Net sales | 896 620.00 | 988 131.51 | |
| Gross profit | 41 281.00 | 56 795.70 | |
| EBIT | 9 794.00 | 19 469.95 | |
| Net earnings | 11 325.00 | 21 564.75 | |
| Shareholders equity total | 72 243.00 | 88 820.22 | |
| Balance sheet total (assets) | 214 761.00 | 231 837.07 | |
| Net debt | 86 665.00 | 97 703.38 | |
| Profitability | |||
| EBIT-% | 1.1 % | 2.0 % | |
| ROA | 6.7 % | 12.0 % | |
| ROE | 15.7 % | 26.8 % | |
| ROI | 8.7 % | 14.9 % | |
| Economic value added (EVA) | -4 716.41 | 7 784.23 | 6 876.51 |
| Solvency | |||
| Equity ratio | 33.6 % | 38.3 % | |
| Gearing | 127.2 % | 116.8 % | |
| Relative net indebtedness % | 15.2 % | 13.8 % | |
| Liquidity | |||
| Quick ratio | 1.2 | 1.3 | |
| Current ratio | 1.3 | 1.3 | |
| Cash and cash equivalents | 5 241.00 | 6 011.41 | |
| Capital use efficiency | |||
| Trade debtors turnover (days) | 64.0 | 60.7 | |
| Net working capital % | 4.1 % | 4.6 % | |
| Credit risk | |||
| Credit rating | A | A |
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