K. ANDREASEN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About K. ANDREASEN HOLDING ApS
K. ANDREASEN HOLDING ApS (CVR number: 28847572) is a company from HEDENSTED. The company recorded a gross profit of -12.7 kDKK in 2024. The operating profit was -12.7 kDKK, while net earnings were 5.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 26.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. K. ANDREASEN HOLDING ApS's liquidity measured by quick ratio was 1.3 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 | -8.65 | -9.78 | -9.32 | -11.44 | -12.69 |
EBIT | -8.65 | -9.78 | -9.32 | -11.44 | -12.69 |
Net earnings | 114.14 | 113.32 | -53.62 | -91.15 | 5.68 |
Shareholders equity total | 569.36 | 569.68 | 401.66 | 192.71 | 131.39 |
Balance sheet total (assets) | 734.48 | 680.08 | 574.64 | 472.66 | 488.30 |
Net debt | - 370.29 | - 421.86 | - 260.39 | - 162.51 | - 114.20 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.4 % | 18.1 % | 6.2 % | -15.2 % | 4.9 % |
ROE | 20.1 % | 19.9 % | -11.0 % | -30.7 % | 3.5 % |
ROI | 19.6 % | 18.4 % | 6.4 % | -15.5 % | 5.0 % |
Economic value added (EVA) | -39.17 | -44.14 | -42.62 | -39.86 | -35.96 |
Solvency | |||||
Equity ratio | 77.5 % | 83.8 % | 69.9 % | 40.8 % | 26.9 % |
Gearing | 27.6 % | 16.3 % | 40.8 % | 140.3 % | 263.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.2 | 4.7 | 2.5 | 1.6 | 1.3 |
Current ratio | 3.2 | 4.7 | 2.5 | 1.6 | 1.3 |
Cash and cash equivalents | 527.66 | 514.82 | 424.26 | 432.95 | 460.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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