Kjær Byg ApS — Credit Rating and Financial Key Figures

CVR number: 42222690
Bjergevej 55, 7280 Sønder Felding
thomasjensen995@hotmail.com

Credit rating

Company information

Official name
Kjær Byg ApS
Personnel
12 persons
Established
2021
Company form
Private limited company
Industry

About Kjær Byg ApS

Kjær Byg ApS (CVR number: 42222690) is a company from HERNING. The company recorded a gross profit of 5318.9 kDKK in 2023. The operating profit was 1241.7 kDKK, while net earnings were 752 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good but Return on Equity (ROE) was 41.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Kjær Byg ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit2 679.363 554.385 318.88
EBIT903.13935.471 241.69
Net earnings698.05698.56752.01
Shareholders equity total738.051 436.612 188.62
Balance sheet total (assets)2 660.683 958.4713 986.46
Net debt219.61360.265 417.45
Profitability
EBIT-%
ROA33.9 %28.3 %13.8 %
ROE94.6 %64.2 %41.5 %
ROI94.0 %67.5 %26.2 %
Economic value added (EVA)704.21690.97891.39
Solvency
Equity ratio27.7 %36.3 %15.6 %
Gearing29.8 %25.1 %247.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.51.0
Current ratio1.51.51.1
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:13.8%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.6%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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