K.N. TAGMATERIALER A/S — Credit Rating and Financial Key Figures

CVR number: 10601681
Kirstensvej 2, Humlum 7600 Struer

Company information

Official name
K.N. TAGMATERIALER A/S
Established
1986
Domicile
Humlum
Company form
Limited company
Industry

About K.N. TAGMATERIALER A/S

K.N. TAGMATERIALER A/S (CVR number: 10601681) is a company from STRUER. The company recorded a gross profit of 4322.8 kDKK in 2023. The operating profit was 3982.7 kDKK, while net earnings were 2954.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.9 %, which can be considered excellent and Return on Equity (ROE) was 33.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.7 %, 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. K.N. TAGMATERIALER A/S's liquidity measured by quick ratio was 3.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit936.761 781.861 783.501 714.654 322.84
EBIT936.761 284.021 285.661 216.813 982.73
Net earnings550.21826.20835.25755.252 954.37
Shareholders equity total7 483.427 759.627 768.877 724.139 928.50
Balance sheet total (assets)14 848.5214 928.5214 457.3014 012.8314 969.56
Net debt5 578.554 373.413 718.373 124.68- 717.84
Profitability
EBIT-%
ROA6.1 %8.6 %8.8 %8.6 %27.9 %
ROE7.2 %10.8 %10.8 %9.7 %33.5 %
ROI6.2 %8.8 %9.0 %8.9 %29.8 %
Economic value added (EVA)121.79384.70433.75411.662 657.14
Solvency
Equity ratio50.5 %52.5 %54.3 %55.7 %66.7 %
Gearing78.1 %67.6 %59.4 %52.5 %23.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.80.80.73.5
Current ratio0.30.70.70.73.3
Cash and cash equivalents267.71873.56900.17929.973 072.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:27.9%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.7%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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