Credit rating
Company information
About KASTHØJ HOLDING ApS
KASTHØJ HOLDING ApS (CVR number: 87224414) is a company from VARDE. The company recorded a gross profit of 534.7 kDKK in 2023. The operating profit was 108.9 kDKK, while net earnings were -172.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KASTHØJ HOLDING ApS's liquidity measured by quick ratio was 19.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 390.00 | 740.07 | -8 999.26 | -3 496.36 | 534.66 |
EBIT | - 140.00 | 97.99 | -9 335.05 | -3 584.20 | 108.94 |
Net earnings | - 566.00 | -93.80 | -8 862.38 | -3 931.79 | - 172.75 |
Shareholders equity total | 16 409.00 | 16 315.09 | 7 452.71 | 3 520.92 | 3 348.17 |
Balance sheet total (assets) | 30 129.00 | 29 779.52 | 16 783.89 | 12 725.72 | 4 785.22 |
Net debt | 12 134.00 | 11 925.59 | 8 791.76 | 8 555.78 | -2 993.64 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.7 % | 0.4 % | -41.2 % | -24.5 % | 1.1 % |
ROE | -3.4 % | -0.6 % | -74.6 % | -71.7 % | -5.0 % |
ROI | -0.7 % | 0.4 % | -41.4 % | -24.7 % | 1.1 % |
Economic value added (EVA) | -1 315.57 | -1 078.04 | -9 586.04 | -4 338.85 | - 436.06 |
Solvency | |||||
Equity ratio | 54.5 % | 54.8 % | 44.4 % | 27.7 % | 70.0 % |
Gearing | 73.9 % | 73.1 % | 118.0 % | 243.0 % | 36.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 1.7 | 1.2 | 19.2 | |
Current ratio | 2.5 | 43.1 | 23.0 | 19.2 | |
Cash and cash equivalents | 4 209.94 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BB | BB | BB |
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