KAASING HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30616790
Skovalleen 14, 9300 Sæby
dennis@kaasing.com
tel: 28932157

Company information

Official name
KAASING HOLDING ApS
Established
2007
Company form
Private limited company
Industry

About KAASING HOLDING ApS

KAASING HOLDING ApS (CVR number: 30616790) is a company from FREDERIKSHAVN. The company recorded a gross profit of -16.9 kDKK in 2023. The operating profit was -16.9 kDKK, while net earnings were 272.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 84.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KAASING HOLDING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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-21.26-12.90-13.63-13.73-16.85
EBIT-21.26-12.90-13.63-13.73-16.85
Net earnings576.59453.411 652.51- 590.40272.79
Shareholders equity total3 359.273 812.685 465.194 874.795 147.58
Balance sheet total (assets)3 804.664 295.206 330.455 766.936 077.35
Net debt324.78330.56733.32763.41810.13
Profitability
EBIT-%
ROA16.4 %11.4 %31.4 %-9.4 %5.0 %
ROE18.8 %12.6 %35.6 %-11.4 %5.4 %
ROI16.8 %11.6 %32.0 %-9.6 %5.1 %
Economic value added (EVA)69.03101.11126.83211.80183.12
Solvency
Equity ratio88.3 %88.8 %86.3 %84.5 %84.7 %
Gearing10.6 %10.2 %14.1 %16.5 %16.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.70.80.80.7
Current ratio0.80.70.80.80.7
Cash and cash equivalents30.5859.4536.8739.6625.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBBA

Variable visualization

ROA:5.01%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.7%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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