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: 73177715) is a company from KOLDING. The company reported a net sales of 896.6 mDKK in 2023, demonstrating a growth of 16.7 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 9.8 mDKK), while net earnings were 11.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, 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 33.6 %, 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 1.2 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 | 416.87 | 564.23 | 768.11 | 896.62 | |
Gross profit | 42.67 | 40.79 | 38.50 | 52.50 | 40.92 |
EBIT | 17.10 | 11.82 | 8.54 | 26.44 | 9.79 |
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) | 133.21 | 134.47 | 146.58 | 175.48 | 214.76 |
Net debt | 10.11 | 44.08 | 58.15 | 61.51 | 86.67 |
Profitability | |||||
EBIT-% | 2.8 % | 1.5 % | 3.4 % | 1.1 % | |
ROA | 15.4 % | 10.2 % | 7.3 % | 19.2 % | 7.3 % |
ROE | 46.6 % | 24.2 % | 16.0 % | 40.6 % | 15.8 % |
ROI | 21.6 % | 13.7 % | 9.3 % | 24.3 % | 9.4 % |
Economic value added (EVA) | 12.56 | 9.18 | 5.59 | 20.17 | 6.24 |
Solvency | |||||
Equity ratio | 29.8 % | 33.4 % | 33.7 % | 40.4 % | 33.6 % |
Gearing | 78.4 % | 109.0 % | 134.4 % | 93.4 % | 127.2 % |
Relative net indebtedness % | 20.1 % | 15.6 % | 12.9 % | 15.2 % | |
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | 1.2 | 1.4 | 1.2 |
Current ratio | 1.3 | 1.2 | 1.3 | 1.5 | 1.3 |
Cash and cash equivalents | 21.01 | 4.83 | 8.29 | 4.74 | 5.24 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 68.2 | 63.8 | 60.0 | 64.0 | |
Net working capital % | 3.6 % | 4.4 % | 6.1 % | 4.1 % | |
Credit risk | |||||
Credit rating | AA | AA | A | A | A |
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