KAASGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 32892817
Gl Råstedvej 5, Råsted 7500 Holstebro
tel: 22221110

Credit rating

Company information

Official name
KAASGAARD ApS
Personnel
2 persons
Established
2010
Domicile
Råsted
Company form
Private limited company
Industry
  • Expand more icon02Forestry and logging

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit346.61-10.48-37.5112.5041.45
EBIT-74.85- 517.58- 663.19- 767.73- 823.87
Net earnings- 165.62- 567.99-4 452.7067.57186.87
Shareholders equity total3 563.002 995.0123 542.3123 609.8823 796.74
Balance sheet total (assets)51 278.8051 472.9247 728.7245 613.3846 318.55
Net debt24 199.3923 987.163 356.833 036.052 210.41
Profitability
EBIT-%
ROA4.5 %1.9 %1.1 %3.7 %3.8 %
ROE-4.5 %-17.3 %-33.6 %0.3 %0.8 %
ROI2.3 %1.9 %0.1 %3.7 %3.9 %
Economic value added (EVA)609.34202.53110.21-1 008.04-1 138.55
Solvency
Equity ratio6.9 %5.8 %49.3 %51.8 %51.4 %
Gearing1337.7 %1597.5 %98.5 %88.6 %89.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.61.11.11.1
Current ratio0.60.61.11.11.1
Cash and cash equivalents23 462.9223 857.0019 842.7417 879.3519 118.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.76%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.4%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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