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 -945.2 kDKK in 2023. The operating profit was -1190 kDKK, while net earnings were 16.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 19.4 %, which can be considered excellent and Return on Equity (ROE) was 17.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.9 %, 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 8.1 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 | -81.37 | -54.69 | - 192.21 | - 386.00 | - 945.20 |
EBIT | - 348.14 | - 244.69 | - 395.51 | - 585.79 | -1 190.00 |
Net earnings | 1 462.81 | 9 298.90 | -7 542.02 | 6 758.72 | 16 060.29 |
Shareholders equity total | 79 911.08 | 85 801.18 | 78 146.16 | 84 790.47 | 100 791.86 |
Balance sheet total (assets) | 82 438.71 | 90 961.45 | 85 170.90 | 85 358.21 | 113 419.60 |
Net debt | -70 934.33 | -76 636.96 | -72 426.19 | -78 793.95 | -88 774.62 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.2 % | 14.0 % | 2.3 % | 8.2 % | 19.4 % |
ROE | 1.8 % | 11.2 % | -9.2 % | 8.3 % | 17.3 % |
ROI | 4.3 % | 14.3 % | 2.4 % | 8.4 % | 19.7 % |
Economic value added (EVA) | -64.98 | -94.43 | - 196.31 | - 512.52 | -1 096.58 |
Solvency | |||||
Equity ratio | 96.9 % | 94.3 % | 91.8 % | 99.3 % | 88.9 % |
Gearing | 2.4 % | 2.6 % | 5.2 % | 10.2 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 35.2 | 30.9 | 11.2 | 147.0 | 8.1 |
Current ratio | 35.2 | 30.9 | 11.2 | 147.0 | 8.1 |
Cash and cash equivalents | 72 882.10 | 78 836.25 | 76 450.77 | 78 793.95 | 99 074.22 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | AA | AA |
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