Kastetvej 29 ApS — Credit Rating and Financial Key Figures

CVR number: 36397578
Tagensvej 19, 9000 Aalborg

Company information

Official name
Kastetvej 29 ApS
Established
2014
Company form
Private limited company
Industry

About Kastetvej 29 ApS

Kastetvej 29 ApS (CVR number: 36397578) is a company from AALBORG. The company recorded a gross profit of 316.2 kDKK in 2023. The operating profit was 316.2 kDKK, while net earnings were 36.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 24.8 %, 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. Kastetvej 29 ApS's liquidity measured by quick ratio was 1.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales458.18488.83
Gross profit247.11213.02243.24244.27316.18
EBIT247.11213.02243.24244.27316.18
Net earnings135.54225.98144.4598.2436.82
Shareholders equity total2 044.632 270.642 415.092 513.332 550.15
Balance sheet total (assets)9 831.4210 071.6110 226.2910 295.7110 284.40
Net debt7 024.987 089.647 085.897 019.217 019.95
Profitability
EBIT-%46.5 %49.8 %
ROA2.5 %3.6 %2.4 %2.4 %3.1 %
ROE6.9 %10.5 %6.2 %4.0 %1.5 %
ROI2.6 %3.7 %2.4 %2.4 %3.1 %
Economic value added (EVA)- 246.33- 276.67- 232.18- 264.83- 211.69
Solvency
Equity ratio20.8 %22.5 %23.6 %24.4 %24.8 %
Gearing343.6 %312.2 %293.4 %279.3 %275.3 %
Relative net indebtedness %1587.4 %1488.9 %
Liquidity
Quick ratio1.61.61.71.81.8
Current ratio1.61.61.71.81.8
Cash and cash equivalents0.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %77.8 %91.1 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:3.07%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.8%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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