Credit rating
Company information
About KAST ApS
KAST ApS (CVR number: 31944104) is a company from ODENSE. The company recorded a gross profit of -43 kDKK in 2023. The operating profit was -43 kDKK, while net earnings were -24.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.3 %, 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. KAST ApS's liquidity measured by quick ratio was 3.8 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 | 84.82 | 120.88 | 199.23 | 123.94 | -43.02 |
EBIT | -23.80 | 120.88 | 199.23 | 123.94 | -43.02 |
Net earnings | -42.76 | 91.45 | 163.03 | 108.28 | -24.35 |
Shareholders equity total | 867.27 | 958.72 | 1 121.75 | 1 230.04 | 1 205.69 |
Balance sheet total (assets) | 1 727.99 | 1 804.01 | 3 332.66 | 3 751.28 | 2 038.91 |
Net debt | 54.52 | -12.16 | 773.37 | 540.59 | 578.34 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.3 % | 7.0 % | 8.4 % | 4.3 % | -0.7 % |
ROE | -4.8 % | 10.0 % | 15.7 % | 9.2 % | -2.0 % |
ROI | -1.7 % | 11.1 % | 14.8 % | 8.0 % | -1.1 % |
Economic value added (EVA) | -44.06 | 67.95 | 107.86 | 42.97 | -93.33 |
Solvency | |||||
Equity ratio | 60.7 % | 83.1 % | 55.2 % | 63.0 % | 63.3 % |
Gearing | 45.8 % | 0.0 % | 73.9 % | 47.7 % | 49.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 5.8 | 17.6 | 14.8 | 3.8 |
Current ratio | 2.0 | 2.1 | 1.8 | 1.5 | 5.1 |
Cash and cash equivalents | 343.02 | 12.57 | 55.68 | 45.93 | 19.96 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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