Kaagaard Entreprise ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kaagaard Entreprise ApS
Kaagaard Entreprise ApS (CVR number: 41155787) is a company from KØGE. The company reported a net sales of 1 mDKK in 2023, demonstrating a decline of -43.4 % compared to the previous year. The operating profit percentage was poor at -9.2 % (EBIT: -0.1 mDKK), while net earnings were -87.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.8 %, which can be considered poor and Return on Equity (ROE) was -78.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38 %, 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. Kaagaard Entreprise ApS's liquidity measured by quick ratio was 1.6 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 538.60 | 163.37 | 1 686.03 | 953.85 |
Gross profit | 430.03 | 144.70 | 1 106.48 | 586.19 |
EBIT | 0.32 | 2.29 | 149.64 | -87.39 |
Net earnings | -0.51 | 0.92 | 115.85 | -87.92 |
Shareholders equity total | 39.49 | 40.41 | 156.26 | 68.34 |
Balance sheet total (assets) | 162.66 | 59.19 | 554.75 | 180.04 |
Net debt | -98.19 | -18.59 | - 207.53 | - 106.88 |
Profitability | ||||
EBIT-% | 0.1 % | 1.4 % | 8.9 % | -9.2 % |
ROA | 0.2 % | 2.1 % | 48.7 % | -23.8 % |
ROE | -1.3 % | 2.3 % | 117.8 % | -78.3 % |
ROI | 0.8 % | 5.7 % | 152.2 % | -77.8 % |
Economic value added (EVA) | 0.32 | 0.31 | 114.60 | -95.24 |
Solvency | ||||
Equity ratio | 24.3 % | 68.3 % | 28.2 % | 38.0 % |
Gearing | ||||
Relative net indebtedness % | 4.6 % | 0.1 % | 11.3 % | 0.5 % |
Liquidity | ||||
Quick ratio | 1.3 | 3.2 | 1.1 | 1.6 |
Current ratio | 1.3 | 3.2 | 1.1 | 1.6 |
Cash and cash equivalents | 98.19 | 18.59 | 207.53 | 106.88 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 40.9 | 90.7 | 53.5 | |
Net working capital % | 7.3 % | 24.7 % | 3.3 % | 7.2 % |
Credit risk | ||||
Credit rating | BB | BB | B | BB |
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