KAA AUTOMOBILER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About KAA AUTOMOBILER A/S
KAA AUTOMOBILER A/S (CVR number: 16239704) is a company from FAVRSKOV. The company recorded a gross profit of 674.9 kDKK in 2023. The operating profit was -93.8 kDKK, while net earnings were -84 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KAA AUTOMOBILER A/S's liquidity measured by quick ratio was 3.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 134.10 | 1 906.97 | 1 902.24 | 1 443.83 | 674.92 |
EBIT | 117.09 | 38.71 | 78.38 | 30.57 | -93.76 |
Net earnings | 40.87 | 16.24 | 42.48 | 0.75 | -84.05 |
Shareholders equity total | 10 018.60 | 10 034.84 | 10 077.31 | 10 078.06 | 9 994.01 |
Balance sheet total (assets) | 11 112.27 | 11 449.77 | 10 738.14 | 10 337.72 | 10 539.02 |
Net debt | - 893.58 | -1 903.73 | -1 982.07 | -1 351.48 | -1 357.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.0 % | 0.3 % | 0.7 % | 0.3 % | -0.9 % |
ROE | 0.4 % | 0.2 % | 0.4 % | 0.0 % | -0.8 % |
ROI | 1.1 % | 0.4 % | 0.8 % | 0.3 % | -0.9 % |
Economic value added (EVA) | - 241.85 | - 429.44 | - 343.62 | - 380.47 | - 508.01 |
Solvency | |||||
Equity ratio | 90.2 % | 87.6 % | 93.8 % | 97.5 % | 94.8 % |
Gearing | 0.9 % | 0.9 % | 0.9 % | 1.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.9 | 3.5 | 7.0 | 3.1 |
Current ratio | 10.1 | 8.2 | 15.3 | 37.6 | 18.3 |
Cash and cash equivalents | 893.58 | 1 995.47 | 2 073.82 | 1 447.21 | 1 454.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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