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KAASTRUP & ANDERSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KAASTRUP & ANDERSEN A/S
KAASTRUP & ANDERSEN A/S (CVR number: 26018269) is a company from SILKEBORG. The company recorded a gross profit of 29.1 mDKK in 2024. The operating profit was -2267.2 kDKK, while net earnings were -1679.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.2 %, which can be considered poor and Return on Equity (ROE) was -28.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.7 %, 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. KAASTRUP & ANDERSEN A/S's liquidity measured by quick ratio was 3.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 48 917.83 | 57 563.85 | 55 976.11 | 44 823.89 | 29 087.01 |
| EBIT | 9 545.24 | 7 316.77 | 2 019.47 | 133.98 | -2 267.23 |
| Net earnings | 7 321.45 | 5 525.09 | 1 255.48 | -59.09 | -1 679.14 |
| Shareholders equity total | 12 973.27 | 10 998.36 | 6 728.84 | 6 669.75 | 4 990.61 |
| Balance sheet total (assets) | 24 803.24 | 27 121.80 | 24 178.83 | 22 396.31 | 10 918.26 |
| Net debt | -4 034.54 | -6 351.81 | - 729.90 | -3 358.92 | -2 379.22 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 41.8 % | 28.2 % | 7.9 % | 1.5 % | -12.2 % |
| ROE | 62.0 % | 46.1 % | 14.2 % | -0.9 % | -28.8 % |
| ROI | 60.5 % | 46.7 % | 12.9 % | 2.2 % | -20.1 % |
| Economic value added (EVA) | 6 785.77 | 5 018.35 | 755.86 | - 649.35 | -2 543.31 |
| Solvency | |||||
| Equity ratio | 52.9 % | 41.0 % | 28.5 % | 29.8 % | 45.7 % |
| Gearing | 41.4 % | 139.6 % | 128.1 % | 0.8 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.7 | 2.0 | 1.7 | 1.7 | 3.7 |
| Current ratio | 2.6 | 2.0 | 1.6 | 1.7 | 3.7 |
| Cash and cash equivalents | 4 034.54 | 10 907.31 | 10 124.62 | 11 903.01 | 2 419.76 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BB | BB | B |
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