KRISTIAN KAASGAARD HOLDING, HERNING ApS — Credit Rating and Financial Key Figures

CVR number: 29394091
Gl Råstedvej 5, Råsted 7500 Holstebro

Company information

Official name
KRISTIAN KAASGAARD HOLDING, HERNING ApS
Established
2006
Domicile
Råsted
Company form
Private limited company
Industry

About KRISTIAN KAASGAARD HOLDING, HERNING ApS

KRISTIAN KAASGAARD HOLDING, HERNING ApS (CVR number: 29394091) is a company from HOLSTEBRO. The company recorded a gross profit of -19.8 kDKK in 2024. The operating profit was -19.8 kDKK, while net earnings were 541.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 1.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KRISTIAN KAASGAARD HOLDING, HERNING ApS's liquidity measured by quick ratio was 53.7 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-16.69-16.69-16.94-18.39-19.75
EBIT-16.69-16.69-16.94-18.39-19.75
Net earnings769.78217.39-4 125.60370.25541.67
Shareholders equity total35 402.8535 120.2430 494.6430 364.8930 406.56
Balance sheet total (assets)35 544.6035 259.1732 423.9430 575.5330 532.07
Net debt82.36128.851 918.7977.6783.79
Profitability
EBIT-%
ROA2.6 %1.1 %-11.9 %1.7 %2.2 %
ROE2.2 %0.6 %-12.6 %1.2 %1.8 %
ROI2.6 %1.1 %-11.9 %1.7 %2.2 %
Economic value added (EVA)-1 596.10-1 611.34-1 627.50- 361.51- 347.92
Solvency
Equity ratio99.6 %99.6 %94.0 %99.3 %99.6 %
Gearing0.4 %0.4 %6.3 %0.7 %0.4 %
Relative net indebtedness %
Liquidity
Quick ratio225.6232.24.633.153.7
Current ratio225.6232.24.633.153.7
Cash and cash equivalents49.390.080.51122.9731.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBAA

Variable visualization

ROA:2.18%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.6%
Rating: 94/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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