Kasanordik ApS — Credit Rating and Financial Key Figures

CVR number: 38025090
Roskildevej 18 A, 2620 Albertslund
kasanordik@outlook.com

Credit rating

Company information

Official name
Kasanordik ApS
Personnel
2 persons
Established
2016
Company form
Private limited company
Industry

About Kasanordik ApS

Kasanordik ApS (CVR number: 38025090) is a company from ALBERTSLUND. The company recorded a gross profit of 896.1 kDKK in 2024. The operating profit was 258 kDKK, while net earnings were 105.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.4 %, which can be considered decent but Return on Equity (ROE) was 20 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 16.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Kasanordik ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit560.37883.14916.40926.24896.09
EBIT24.1269.7736.92108.31258.01
Net earnings-15.1255.32-4.1134.81105.57
Shareholders equity total387.77443.08438.98473.79579.35
Balance sheet total (assets)3 413.943 447.203 495.273 462.593 548.86
Net debt2 868.142 768.372 951.352 859.912 790.31
Profitability
EBIT-%
ROA0.7 %2.1 %1.1 %3.1 %7.4 %
ROE-3.8 %13.3 %-0.9 %7.6 %20.0 %
ROI0.8 %2.2 %1.1 %3.2 %7.5 %
Economic value added (EVA)- 130.45- 109.25- 131.84-85.8532.83
Solvency
Equity ratio11.4 %12.9 %12.6 %13.7 %16.3 %
Gearing740.0 %625.1 %672.4 %606.2 %487.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.2
Current ratio0.10.10.10.10.2
Cash and cash equivalents1.331.470.4712.3234.23
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.37%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.3%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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