M. CASSØE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 31418674
Spinkebjerg 22, Gjellerup 7400 Herning

Company information

Official name
M. CASSØE HOLDING ApS
Personnel
1 person
Established
2008
Domicile
Gjellerup
Company form
Private limited company
Industry

About M. CASSØE HOLDING ApS

M. CASSØE HOLDING ApS (CVR number: 31418674) is a company from HERNING. The company recorded a gross profit of -196.6 kDKK in 2024. The operating profit was -571.6 kDKK, while net earnings were 6028.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent but Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. M. CASSØE HOLDING ApS's liquidity measured by quick ratio was 334.1 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 816.29- 113.74- 107.29- 104.83- 196.59
EBIT- 816.29- 113.74- 107.29- 104.83- 571.59
Net earnings62 737.028 187.12-7 420.382 698.486 028.58
Shareholders equity total84 228.9689 916.0878 995.7079 694.1883 222.77
Balance sheet total (assets)85 356.3790 455.4679 035.2879 733.7683 432.32
Net debt-62 297.44-68 629.97-61 858.03-59 456.15-68 666.91
Profitability
EBIT-%
ROA117.4 %12.3 %6.4 %10.4 %15.5 %
ROE118.1 %9.4 %-8.8 %3.4 %7.4 %
ROI118.6 %12.4 %6.4 %10.4 %15.5 %
Economic value added (EVA)- 381.80-1 126.58-1 095.99- 816.50-1 551.52
Solvency
Equity ratio98.7 %99.4 %99.9 %100.0 %99.7 %
Gearing0.0 %0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio60.71 885.51 757.81 603.7334.1
Current ratio60.71 885.51 757.81 603.7334.1
Cash and cash equivalents62 297.4468 639.5461 867.6059 465.7368 681.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:15.5%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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