KAAS-BUSCHARDFONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About KAAS-BUSCHARDFONDEN
KAAS-BUSCHARDFONDEN (CVR number: 26162572) is a company from GENTOFTE. The company recorded a gross profit of -11.6 kDKK in 2023, demonstrating a decline of -1.9 % compared to the previous year. The operating profit was -11.6 kDKK, while net earnings were 52 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 9.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 74 %, 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. KAAS-BUSCHARDFONDEN's liquidity measured by quick ratio was 2.9 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 | 0.00 | 0.00 | |||
Gross profit | -21.57 | -10.09 | -18.14 | -11.34 | -11.55 |
EBIT | -21.57 | -10.09 | -18.14 | -11.34 | -11.55 |
Net earnings | 11.03 | 132.49 | -56.08 | 29.25 | 51.99 |
Shareholders equity total | 775.53 | 755.02 | 607.94 | 544.79 | 536.78 |
Balance sheet total (assets) | 948.51 | 932.59 | 787.20 | 728.85 | 725.86 |
Net debt | - 412.36 | - 579.52 | - 401.78 | - 354.17 | - 341.13 |
Profitability | |||||
EBIT-% | -1009400.0 % | -1134100.0 % | |||
ROA | 3.5 % | 18.8 % | 6.8 % | 9.0 % | 6.9 % |
ROE | 1.4 % | 17.3 % | -8.2 % | 5.1 % | 9.6 % |
ROI | 3.5 % | 19.0 % | 6.9 % | 9.2 % | 7.0 % |
Economic value added (EVA) | -18.51 | -8.56 | -5.00 | -0.61 | -4.71 |
Solvency | |||||
Equity ratio | 81.8 % | 81.0 % | 77.2 % | 74.7 % | 74.0 % |
Gearing | 21.0 % | 22.1 % | 27.7 % | 31.8 % | 33.2 % |
Relative net indebtedness % | -56915200.0 % | -34354900.0 % | |||
Liquidity | |||||
Quick ratio | 4.6 | 4.4 | 3.5 | 3.0 | 2.9 |
Current ratio | 4.6 | 4.4 | 3.5 | 3.0 | 2.9 |
Cash and cash equivalents | 574.96 | 746.72 | 570.42 | 527.61 | 519.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 5154500.0 % | -2883200.0 % | |||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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