KAASGAARD HOLDING ApS — Credit Rating and Financial Key Figures

KAASGAARD HOLDING ApS (CVR number: 29422257) is a company from HERNING. The company recorded a gross profit of 442.3 kDKK in 2023. The operating profit was -103.1 kDKK, while net earnings were 209.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 67 %, 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. KAASGAARD HOLDING ApS'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.