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 -1346.2 kDKK in 2023. The operating profit was -2019.7 kDKK, while net earnings were 4291.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.3 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.3 %, 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 51.4 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 004.60 | 1 016.98 | 1 071.48 | 917.36 | -1 346.21 |
EBIT | 50.81 | 770.11 | 707.61 | 298.78 | -2 019.67 |
Net earnings | 1 182.39 | 5 799.58 | 8 643.41 | 87 446.39 | 4 291.41 |
Shareholders equity total | 17 116.00 | 22 804.98 | 30 448.39 | 114 894.79 | 118 186.20 |
Balance sheet total (assets) | 18 174.73 | 23 893.31 | 31 905.78 | 116 971.75 | 120 202.95 |
Net debt | -5 964.63 | -6 408.14 | -12 551.97 | -12 644.97 | - 103 140.73 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.6 % | 29.3 % | 32.2 % | 118.1 % | 4.3 % |
ROE | 7.1 % | 29.1 % | 32.5 % | 120.3 % | 3.7 % |
ROI | 7.1 % | 30.9 % | 33.8 % | 120.6 % | 4.3 % |
Economic value added (EVA) | - 122.02 | 386.83 | 491.17 | 647.18 | 3 092.06 |
Solvency | |||||
Equity ratio | 94.2 % | 95.4 % | 95.4 % | 98.2 % | 98.3 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.4 | 9.6 | 9.0 | 6.4 | 51.4 |
Current ratio | 9.4 | 9.6 | 9.0 | 6.4 | 51.4 |
Cash and cash equivalents | 5 964.63 | 6 408.14 | 12 551.97 | 12 644.97 | 103 140.73 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | A | A |
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