KAAS AUTOVÆRKSTED A/S — Credit Rating and Financial Key Figures

CVR number: 21789399
Bransagervej 23, 9490 Pandrup
kaasauto@mail.tele.dk
tel: 98247811

Credit rating

Company information

Official name
KAAS AUTOVÆRKSTED A/S
Personnel
1 person
Established
1999
Company form
Limited company
Industry

About KAAS AUTOVÆRKSTED A/S

KAAS AUTOVÆRKSTED A/S (CVR number: 21789399) is a company from JAMMERBUGT. The company recorded a gross profit of 161.2 kDKK in 2023. The operating profit was 135.6 kDKK, while net earnings were 82.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak and Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KAAS AUTOVÆRKSTED A/S's liquidity measured by quick ratio was 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit103.41267.38156.68226.60161.17
EBIT61.23224.76103.68197.64135.55
Net earnings-1.99138.2751.72149.9482.78
Shareholders equity total2 191.512 329.792 381.502 531.442 614.22
Balance sheet total (assets)4 287.533 973.853 767.293 749.913 688.38
Net debt- 155.16- 245.14- 543.24- 352.01- 299.90
Profitability
EBIT-%
ROA1.6 %5.6 %2.8 %6.3 %3.6 %
ROE-0.1 %6.1 %2.2 %6.1 %3.2 %
ROI3.0 %10.2 %4.6 %9.6 %5.3 %
Economic value added (EVA)-62.0068.42-26.8258.21-7.47
Solvency
Equity ratio51.1 %58.6 %63.2 %67.5 %70.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.82.12.42.63.0
Current ratio2.02.42.63.03.4
Cash and cash equivalents155.16245.14543.24352.01299.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.64%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.9%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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