KAYSER & THORSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KAYSER & THORSEN A/S
KAYSER & THORSEN A/S (CVR number: 31944112) is a company from VORDINGBORG. The company recorded a gross profit of 59.6 mDKK in 2023. The operating profit was 11 mDKK, while net earnings were 5128.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 18.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 21.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. KAYSER & THORSEN A/S's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 39 173.07 | 38 986.52 | 49 820.22 | 53 187.47 | 59 561.53 |
EBIT | 3 154.27 | 2 341.41 | 7 502.52 | 6 325.82 | 10 982.01 |
Net earnings | 1 024.97 | 371.20 | 3 596.61 | 1 738.59 | 5 128.89 |
Shareholders equity total | 19 399.87 | 19 771.07 | 23 367.68 | 25 103.78 | 30 232.67 |
Balance sheet total (assets) | 98 769.07 | 105 330.92 | 113 631.93 | 123 167.27 | 139 994.78 |
Net debt | 27 712.90 | 33 035.73 | 24 184.07 | 24 123.95 | 26 750.14 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.2 % | 2.5 % | 7.0 % | 5.5 % | 8.4 % |
ROE | 5.4 % | 1.9 % | 16.7 % | 7.2 % | 18.5 % |
ROI | 3.5 % | 2.8 % | 8.1 % | 6.4 % | 9.6 % |
Economic value added (EVA) | 1 156.52 | 440.59 | 4 217.89 | 3 263.53 | 6 948.40 |
Solvency | |||||
Equity ratio | 19.6 % | 18.8 % | 20.6 % | 20.4 % | 21.6 % |
Gearing | 142.9 % | 167.2 % | 113.8 % | 111.6 % | 94.5 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.4 | 0.6 | 0.6 | 0.7 |
Current ratio | 0.5 | 0.4 | 0.6 | 0.6 | 0.7 |
Cash and cash equivalents | 18.61 | 22.54 | 2 404.28 | 3 903.52 | 1 804.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | AA | AA | AAA |
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