KARSTEN AAGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 33070624
Mosevangen 46, 6710 Esbjerg V

Credit rating

Company information

Official name
KARSTEN AAGAARD HOLDING ApS
Established
2010
Company form
Private limited company
Industry

About KARSTEN AAGAARD HOLDING ApS

KARSTEN AAGAARD HOLDING ApS (CVR number: 33070624) is a company from ESBJERG. The company recorded a gross profit of -14.8 kDKK in 2023. The operating profit was -14.8 kDKK, while net earnings were 22.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KARSTEN AAGAARD HOLDING ApS's liquidity measured by quick ratio was 132.6 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 profit-11.54-12.48-10.54-12.65-14.81
EBIT-11.54-12.48-10.54-12.65-14.81
Net earnings170.75149.5110.16-60.7522.50
Shareholders equity total1 112.301 261.811 271.971 211.221 233.71
Balance sheet total (assets)1 122.111 306.431 280.141 219.121 243.09
Net debt-1 122.10-1 306.42-1 280.13-1 195.61-1 221.76
Profitability
EBIT-%
ROA18.0 %22.6 %8.6 %1.3 %4.0 %
ROE16.6 %12.6 %0.8 %-4.9 %1.8 %
ROI18.2 %23.1 %8.8 %1.3 %4.1 %
Economic value added (EVA)-13.31-9.30-5.74-9.47-12.34
Solvency
Equity ratio99.1 %96.6 %99.4 %99.4 %99.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio114.429.3156.6154.2132.6
Current ratio114.429.3156.6154.2132.6
Cash and cash equivalents1 122.101 306.421 280.131 195.611 221.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:4.04%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 88/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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