KAG HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KAG HOLDING A/S
KAG HOLDING A/S (CVR number: 29818894) is a company from FREDERIKSBERG. The company recorded a gross profit of -406.3 kDKK in 2024. The operating profit was -3864.6 kDKK, while net earnings were 767.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 89.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KAG HOLDING A/S's liquidity measured by quick ratio was 8.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -54.69 | - 192.21 | - 386.00 | - 945.20 | - 406.26 |
| EBIT | - 244.69 | - 395.51 | - 585.79 | -1 190.00 | -3 864.56 |
| Net earnings | 9 298.90 | -7 542.02 | 6 758.72 | 16 060.29 | 767.56 |
| Shareholders equity total | 85 801.18 | 78 146.16 | 84 790.47 | 100 791.86 | 101 498.43 |
| Balance sheet total (assets) | 90 961.45 | 85 170.90 | 85 358.21 | 113 419.60 | 113 069.09 |
| Net debt | -76 636.96 | -72 426.19 | -78 793.95 | -88 774.62 | -91 131.52 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 14.0 % | 2.3 % | 8.2 % | 19.4 % | 2.2 % |
| ROE | 11.2 % | -9.2 % | 8.3 % | 17.3 % | 0.8 % |
| ROI | 14.3 % | 2.4 % | 8.4 % | 19.7 % | 2.3 % |
| Economic value added (EVA) | -4 303.77 | -4 817.60 | -4 710.14 | -5 209.89 | -8 326.94 |
| Solvency | |||||
| Equity ratio | 94.3 % | 91.8 % | 99.3 % | 88.9 % | 89.8 % |
| Gearing | 2.6 % | 5.2 % | 10.2 % | 10.2 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 30.9 | 11.2 | 147.0 | 8.1 | 8.8 |
| Current ratio | 30.9 | 11.2 | 147.0 | 8.1 | 8.8 |
| Cash and cash equivalents | 78 836.25 | 76 450.77 | 78 793.95 | 99 074.22 | 101 445.66 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | A | A |
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