KAASGAARD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KAASGAARD ApS
KAASGAARD ApS (CVR number: 32892817) is a company from HOLSTEBRO. The company recorded a gross profit of 41.4 kDKK in 2024. The operating profit was -823.9 kDKK, while net earnings were 186.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 51.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KAASGAARD ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 346.61 | -10.48 | -37.51 | 12.50 | 41.45 |
EBIT | -74.85 | - 517.58 | - 663.19 | - 767.73 | - 823.87 |
Net earnings | - 165.62 | - 567.99 | -4 452.70 | 67.57 | 186.87 |
Shareholders equity total | 3 563.00 | 2 995.01 | 23 542.31 | 23 609.88 | 23 796.74 |
Balance sheet total (assets) | 51 278.80 | 51 472.92 | 47 728.72 | 45 613.38 | 46 318.55 |
Net debt | 24 199.39 | 23 987.16 | 3 356.83 | 3 036.05 | 2 210.41 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.5 % | 1.9 % | 1.1 % | 3.7 % | 3.8 % |
ROE | -4.5 % | -17.3 % | -33.6 % | 0.3 % | 0.8 % |
ROI | 2.3 % | 1.9 % | 0.1 % | 3.7 % | 3.9 % |
Economic value added (EVA) | 609.34 | 202.53 | 110.21 | -1 008.04 | -1 138.55 |
Solvency | |||||
Equity ratio | 6.9 % | 5.8 % | 49.3 % | 51.8 % | 51.4 % |
Gearing | 1337.7 % | 1597.5 % | 98.5 % | 88.6 % | 89.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 1.1 | 1.1 | 1.1 |
Current ratio | 0.6 | 0.6 | 1.1 | 1.1 | 1.1 |
Cash and cash equivalents | 23 462.92 | 23 857.00 | 19 842.74 | 17 879.35 | 19 118.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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