KAARSBERG A/S — Credit Rating and Financial Key Figures

CVR number: 26736587
Stavangergade 6, 2100 København Ø
ole@kaarsberg.com
tel: 26172468
kaarsberg.com

Credit rating

Company information

Official name
KAARSBERG A/S
Personnel
1 person
Established
2002
Company form
Limited company
Industry

About KAARSBERG A/S

KAARSBERG A/S (CVR number: 26736587) is a company from KØBENHAVN. The company recorded a gross profit of 481.6 kDKK in 2023. The operating profit was 407.7 kDKK, while net earnings were 373.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.7 %, which can be considered excellent and Return on Equity (ROE) was 93.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. KAARSBERG A/S's liquidity measured by quick ratio was 2.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit32.88203.17174.75120.81481.64
EBIT- 132.8173.8954.6548.48407.68
Net earnings- 133.2773.3654.1045.44373.67
Shareholders equity total40.81114.17168.28213.71587.38
Balance sheet total (assets)465.59576.56591.65626.441 013.03
Net debt288.19361.13289.71207.9088.31
Profitability
EBIT-%
ROA-17.1 %14.2 %9.4 %8.0 %49.7 %
ROE-124.0 %94.7 %38.3 %23.8 %93.3 %
ROI-21.2 %14.6 %10.0 %9.7 %66.7 %
Economic value added (EVA)- 111.0177.8653.1743.94368.25
Solvency
Equity ratio8.8 %19.8 %28.4 %34.1 %58.0 %
Gearing999.5 %390.6 %218.4 %118.2 %28.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.11.21.32.2
Current ratio0.91.11.21.32.2
Cash and cash equivalents119.6984.8477.8644.7980.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:49.7%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.0%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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