KOSAN GAS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KOSAN GAS A/S
KOSAN GAS A/S (CVR number: 17990977) is a company from AARHUS. The company reported a net sales of 551.2 mDKK in 2024, demonstrating a decline of -11.4 % compared to the previous year. The operating profit percentage was at 7.7 % (EBIT: 42.5 mDKK), while net earnings were 64.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.1 %, which can be considered excellent and Return on Equity (ROE) was 20.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.4 %, 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. KOSAN GAS A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 293.38 | 340.59 | 413.38 | 622.20 | 551.17 |
Gross profit | 293.38 | 340.59 | 413.38 | 231.11 | 229.39 |
EBIT | 41.99 | 28.73 | 37.60 | 27.54 | 42.50 |
Net earnings | 68.02 | 94.88 | 36.84 | 36.98 | 64.79 |
Shareholders equity total | 323.92 | 303.96 | 243.11 | 323.38 | 320.87 |
Balance sheet total (assets) | 441.24 | 443.60 | 392.94 | 533.21 | 482.95 |
Net debt | 19.64 | -29.88 | |||
Profitability | |||||
EBIT-% | 14.3 % | 8.4 % | 9.1 % | 4.4 % | 7.7 % |
ROA | 10.4 % | 6.5 % | 9.0 % | 9.6 % | 15.1 % |
ROE | 23.6 % | 30.2 % | 13.5 % | 13.1 % | 20.1 % |
ROI | 11.6 % | 6.5 % | 9.0 % | 11.1 % | 20.2 % |
Economic value added (EVA) | 36.06 | 12.46 | 22.33 | 10.38 | 20.62 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 92.3 % | 60.6 % | 66.4 % |
Gearing | 18.8 % | 2.9 % | |||
Relative net indebtedness % | 23.4 % | 18.3 % | |||
Liquidity | |||||
Quick ratio | 1.1 | 1.4 | |||
Current ratio | 1.3 | 1.6 | |||
Cash and cash equivalents | 40.99 | 39.16 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 88.9 | 85.1 | |||
Net working capital % | 9.7 % | 15.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | A | AAA | AAA |
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