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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 -13.8 kDKK in 2024. The operating profit was -13.8 kDKK, while net earnings were -16.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.5 %, which can be considered decent but Return on Equity (ROE) was -3.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.3 %, 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 2.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 0.00 | 0.00 | |||
| Gross profit | -10.09 | -18.14 | -11.34 | -11.55 | -13.79 |
| EBIT | -10.09 | -18.14 | -11.34 | -11.55 | -13.79 |
| Net earnings | 132.49 | -56.08 | 29.25 | 51.99 | -16.42 |
| Shareholders equity total | 755.02 | 607.94 | 544.79 | 536.78 | 460.35 |
| Balance sheet total (assets) | 932.59 | 787.20 | 728.85 | 725.86 | 654.66 |
| Net debt | - 579.52 | - 401.78 | - 354.17 | - 341.13 | - 261.00 |
| Profitability | |||||
| EBIT-% | -1009400.0 % | -1134100.0 % | |||
| ROA | 18.8 % | 6.8 % | 9.0 % | 6.9 % | 4.5 % |
| ROE | 17.3 % | -8.2 % | 5.1 % | 9.6 % | -3.3 % |
| ROI | 19.0 % | 6.9 % | 9.2 % | 7.0 % | 4.5 % |
| Economic value added (EVA) | -55.00 | -60.49 | -47.87 | -50.14 | -46.66 |
| Solvency | |||||
| Equity ratio | 81.0 % | 77.2 % | 74.7 % | 74.0 % | 70.3 % |
| Gearing | 22.1 % | 27.7 % | 31.8 % | 33.2 % | 39.9 % |
| Relative net indebtedness % | -56915200.0 % | -34354900.0 % | |||
| Liquidity | |||||
| Quick ratio | 4.4 | 3.5 | 3.0 | 2.9 | 2.5 |
| Current ratio | 4.4 | 3.5 | 3.0 | 2.9 | 2.5 |
| Cash and cash equivalents | 746.72 | 570.42 | 527.61 | 519.59 | 444.68 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 5154500.0 % | -2883200.0 % | |||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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