CASSØE A/S — Credit Rating and Financial Key Figures

CVR number: 26987555
Orebygårdvej 9, Tjørring 7400 Herning
michael@cassoe.dk
tel: 97127400
www.cassoe.dk

Credit rating

Company information

Official name
CASSØE A/S
Personnel
16 persons
Established
2004
Domicile
Tjørring
Company form
Limited company
Industry
  • Expand more icon468400

About CASSØE A/S

CASSØE A/S (CVR number: 26987555) is a company from HERNING. The company recorded a gross profit of 21.8 mDKK in 2024. The operating profit was 10.2 mDKK, while net earnings were 8044.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.3 %, which can be considered excellent and Return on Equity (ROE) was 34.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CASSØE A/S's liquidity measured by quick ratio was 3.3 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 profit20 004.7223 821.5421 730.8720 633.0521 817.48
EBIT13 733.5715 959.7513 314.6711 021.0410 195.50
Net earnings10 657.4612 416.4210 368.018 683.348 044.79
Shareholders equity total14 596.9521 013.3723 381.3824 074.7222 119.51
Balance sheet total (assets)27 228.7929 934.2042 248.0831 978.0530 332.82
Net debt-8 156.83-7 886.62-13 315.40-13 440.92-8 034.53
Profitability
EBIT-%
ROA59.2 %55.8 %36.9 %30.1 %33.3 %
ROE83.5 %69.7 %46.7 %36.6 %34.8 %
ROI106.1 %88.2 %49.9 %39.6 %44.3 %
Economic value added (EVA)10 247.4512 111.969 723.548 516.687 402.21
Solvency
Equity ratio53.6 %70.2 %59.4 %80.9 %80.3 %
Gearing36.0 %0.6 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.52.11.94.23.3
Current ratio2.13.42.24.03.6
Cash and cash equivalents8 156.837 886.6221 728.0613 588.888 287.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:33.3%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.3%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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