KASKO HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KASKO HOLDING A/S
KASKO HOLDING A/S (CVR number: 21502987) is a company from RUDERSDAL. The company recorded a gross profit of -1405 kDKK in 2024. The operating profit was -2242.3 kDKK, while net earnings were 11.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -18 %, which can be considered poor but Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KASKO HOLDING A/S's liquidity measured by quick ratio was 44.4 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 | 1 016.98 | 1 071.48 | 917.36 | -1 346.21 | -1 405.01 |
| EBIT | 770.11 | 707.61 | 298.78 | -2 019.67 | -2 242.28 |
| Net earnings | 5 799.58 | 8 643.41 | 87 446.39 | 4 291.41 | 11 267.04 |
| Shareholders equity total | 22 804.98 | 30 448.39 | 114 894.79 | 118 186.20 | 124 453.23 |
| Balance sheet total (assets) | 23 893.31 | 31 905.78 | 116 971.75 | 120 202.95 | 127 275.10 |
| Net debt | -6 408.14 | -12 551.97 | -12 644.97 | - 103 140.73 | - 102 402.21 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 29.3 % | 32.2 % | 118.1 % | -3.6 % | -18.0 % |
| ROE | 29.1 % | 32.5 % | 120.3 % | 3.7 % | 9.3 % |
| ROI | 30.9 % | 33.8 % | 120.6 % | 4.3 % | 10.2 % |
| Economic value added (EVA) | - 228.69 | - 641.94 | -1 317.90 | -7 577.79 | -7 985.30 |
| Solvency | |||||
| Equity ratio | 95.4 % | 95.4 % | 98.2 % | 98.3 % | 97.8 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 9.6 | 9.0 | 6.4 | 51.4 | 44.4 |
| Current ratio | 9.6 | 9.0 | 6.4 | 51.4 | 44.4 |
| Cash and cash equivalents | 6 408.14 | 12 551.97 | 12 644.97 | 103 140.73 | 102 402.21 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | BBB | BBB | BBB |
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