KAJ RIISBERG A/S
Credit rating
Company information
About KAJ RIISBERG A/S
KAJ RIISBERG A/S (CVR number: 10144884) is a company from MARIAGERFJORD. The company recorded a gross profit of -322.9 kDKK in 2023. The operating profit was -1490.9 kDKK, while net earnings were -1212.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.4 %, which can be considered poor and Return on Equity (ROE) was -23 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KAJ RIISBERG A/S's liquidity measured by quick ratio was 4.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 5 425.27 | 3 401.40 | 3 377.14 | 3 592.81 | - 322.90 |
EBIT | 3 652.99 | 1 560.49 | 1 691.76 | 1 888.77 | -1 490.86 |
Net earnings | 2 802.14 | 1 122.71 | 1 250.64 | 1 313.32 | -1 212.36 |
Shareholders equity total | 8 030.70 | 6 153.41 | 6 304.05 | 6 517.37 | 4 005.00 |
Balance sheet total (assets) | 16 032.45 | 14 886.44 | 20 706.82 | 11 012.76 | 5 233.53 |
Net debt | 4 203.60 | 4 015.14 | 3 707.63 | - 331.56 | -3 625.92 |
Profitability | |||||
EBIT-% | |||||
ROA | 25.7 % | 10.2 % | 9.7 % | 11.9 % | -18.4 % |
ROE | 34.5 % | 15.8 % | 20.1 % | 20.5 % | -23.0 % |
ROI | 34.1 % | 13.8 % | 13.8 % | 16.8 % | -23.2 % |
Economic value added (EVA) | 2 444.45 | 791.81 | 1 017.72 | 1 349.45 | -1 415.31 |
Solvency | |||||
Equity ratio | 50.1 % | 41.3 % | 30.4 % | 59.2 % | 76.5 % |
Gearing | 52.3 % | 71.3 % | 130.8 % | 22.7 % | 20.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 1.4 | 1.3 | 2.2 | 4.2 |
Current ratio | 2.1 | 1.7 | 1.4 | 2.6 | 4.2 |
Cash and cash equivalents | 374.50 | 4 535.30 | 1 813.23 | 4 455.45 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | A | BB |
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