KASSENTOFT HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KASSENTOFT HOLDING ApS
KASSENTOFT HOLDING ApS (CVR number: 31178800) is a company from ODENSE. The company recorded a gross profit of -11.7 kDKK in 2024. The operating profit was -11.7 kDKK, while net earnings were 86.4 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 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58.8 %, 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. KASSENTOFT HOLDING ApS's liquidity measured by quick ratio was 1.6 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 | -7.40 | -7.92 | -8.92 | 777.25 | -11.73 |
| EBIT | -7.40 | -7.92 | -8.92 | 777.25 | -11.73 |
| Net earnings | 325.52 | 319.60 | 309.65 | 923.34 | 86.36 |
| Shareholders equity total | 2 373.04 | 2 692.64 | 3 002.29 | 3 925.62 | 4 011.98 |
| Balance sheet total (assets) | 2 878.58 | 3 444.47 | 4 826.57 | 7 220.08 | 6 825.89 |
| Net debt | 485.81 | 658.90 | 1 212.53 | 2 382.23 | 2 742.21 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 13.9 % | 10.7 % | 8.0 % | 16.3 % | 2.2 % |
| ROE | 14.7 % | 12.6 % | 10.9 % | 26.7 % | 2.2 % |
| ROI | 13.9 % | 10.8 % | 8.3 % | 16.8 % | 2.3 % |
| Economic value added (EVA) | - 108.65 | - 150.50 | - 175.68 | 550.54 | - 364.73 |
| Solvency | |||||
| Equity ratio | 82.4 % | 78.2 % | 62.2 % | 54.4 % | 58.8 % |
| Gearing | 21.0 % | 24.7 % | 54.1 % | 79.5 % | 68.5 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.9 | 2.9 | 1.7 | 2.4 | 1.6 |
| Current ratio | 3.9 | 2.9 | 1.7 | 2.4 | 1.6 |
| Cash and cash equivalents | 13.10 | 6.35 | 412.07 | 739.15 | 5.85 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | A | BBB |
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