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Kenneth Aabjørn Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kenneth Aabjørn Holding ApS
Kenneth Aabjørn Holding ApS (CVR number: 38515144) is a company from SVENDBORG. The company recorded a gross profit of -5.4 kDKK in 2024. The operating profit was -5.4 kDKK, while net earnings were -6.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.6 %, which can be considered poor and Return on Equity (ROE) was -29 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Kenneth Aabjørn Holding ApS's liquidity measured by quick ratio was 1.7 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 | -4.46 | -53.50 | -4.95 | -5.21 | -5.40 |
| EBIT | -4.46 | -53.50 | -4.95 | -5.21 | -5.40 |
| Net earnings | -2.89 | -42.26 | -18.65 | -4.84 | -6.33 |
| Shareholders equity total | 90.72 | 48.46 | 29.81 | 24.97 | 18.63 |
| Balance sheet total (assets) | 138.62 | 54.91 | 36.91 | 35.39 | 33.99 |
| Net debt | - 121.57 | -30.84 | -29.16 | -8.68 | -2.91 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -1.0 % | -55.1 % | -10.6 % | -12.7 % | -15.6 % |
| ROE | -3.1 % | -60.7 % | -47.7 % | -17.7 % | -29.0 % |
| ROI | -1.2 % | -76.7 % | -12.4 % | -15.5 % | -19.0 % |
| Economic value added (EVA) | -11.37 | -46.33 | -5.95 | -6.72 | -6.87 |
| Solvency | |||||
| Equity ratio | 65.4 % | 88.3 % | 80.8 % | 70.6 % | 54.8 % |
| Gearing | 1.4 % | 17.6 % | 46.9 % | ||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.7 | 7.4 | 4.2 | 2.7 | 1.7 |
| Current ratio | 2.7 | 7.4 | 4.2 | 2.7 | 1.7 |
| Cash and cash equivalents | 121.57 | 30.84 | 29.58 | 13.06 | 11.66 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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