KANGAMIUT GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KANGAMIUT GROUP A/S
KANGAMIUT GROUP A/S (CVR number: 28842007K) is a company from Brønderslev. The company reported a net sales of 2611.9 mDKK in 2024, demonstrating a decline of -36.7 % compared to the previous year. The operating profit percentage was at 2.9 % (EBIT: 75.8 mDKK), while net earnings were 40.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 9.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 41.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KANGAMIUT GROUP A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 3 107.70 | 3 589.22 | 4 899.91 | 4 126.23 | 2 611.88 |
Gross profit | 3 107.70 | 3 589.22 | 4 899.91 | 120.76 | 128.28 |
EBIT | 52.46 | 97.18 | 183.13 | 63.47 | 75.81 |
Net earnings | 45.28 | 83.46 | 139.39 | 18.13 | 40.24 |
Shareholders equity total | 395.74 | 462.72 | 558.67 | 528.11 | 513.59 |
Balance sheet total (assets) | 1 363.13 | 1 591.35 | 2 179.95 | 1 736.45 | 1 236.29 |
Net debt | 806.03 | 552.99 | |||
Profitability | |||||
EBIT-% | 1.7 % | 2.7 % | 3.7 % | 1.5 % | 2.9 % |
ROA | 4.1 % | 6.6 % | 9.7 % | 4.3 % | 6.4 % |
ROE | 11.8 % | 19.4 % | 27.3 % | 3.8 % | 9.8 % |
ROI | 4.1 % | 6.6 % | 9.7 % | 4.8 % | 7.7 % |
Economic value added (EVA) | 33.83 | 77.29 | 159.88 | 16.70 | -9.36 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 30.4 % | 41.3 % |
Gearing | 155.7 % | 111.0 % | |||
Relative net indebtedness % | 28.4 % | 27.0 % | |||
Liquidity | |||||
Quick ratio | 0.4 | 0.6 | |||
Current ratio | 1.3 | 1.3 | |||
Cash and cash equivalents | 16.33 | 17.07 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 34.4 | 48.6 | |||
Net working capital % | 7.5 % | 9.3 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | AA |
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