Kaas Industribyg A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Kaas Industribyg A/S
Kaas Industribyg A/S (CVR number: 41164654) is a company from Brønderslev. The company recorded a gross profit of 1756.4 kDKK in 2024. The operating profit was -912.1 kDKK, while net earnings were -951.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.3 %, which can be considered poor and Return on Equity (ROE) was -11.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -21.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Kaas Industribyg A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 615.56 | 12 049.42 | 1 995.42 | 2 559.86 | 1 756.41 |
EBIT | 3 501.24 | 8 127.31 | -2 151.45 | 498.91 | - 912.10 |
Net earnings | 2 706.93 | 6 673.09 | -2 028.61 | 160.52 | - 951.84 |
Shareholders equity total | 3 206.93 | 9 880.02 | -1 148.59 | - 988.07 | -1 939.91 |
Balance sheet total (assets) | 8 602.61 | 18 053.96 | 9 360.59 | 9 510.35 | 7 085.65 |
Net debt | -4 799.16 | -4 097.51 | 3 532.59 | 4 887.72 | 5 780.60 |
Profitability | |||||
EBIT-% | |||||
ROA | 40.7 % | 61.0 % | -15.0 % | 4.8 % | -9.3 % |
ROE | 84.4 % | 102.0 % | -21.1 % | 1.7 % | -11.5 % |
ROI | 86.3 % | 94.6 % | -19.3 % | 5.3 % | -10.2 % |
Economic value added (EVA) | 2 729.74 | 6 609.50 | -2 419.04 | 31.76 | -1 177.83 |
Solvency | |||||
Equity ratio | 37.3 % | 54.7 % | -10.9 % | -9.4 % | -21.5 % |
Gearing | 1.9 % | 1.9 % | -412.7 % | -577.9 % | -313.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 3.2 | 1.2 | 1.1 | 0.6 |
Current ratio | 1.8 | 3.2 | 1.2 | 1.1 | 0.6 |
Cash and cash equivalents | 4 859.92 | 4 285.79 | 1 207.20 | 821.88 | 297.14 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
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