Kastberg biler IVS — Credit Rating and Financial Key Figures

Kastberg biler IVS (CVR number: 38583239) is a company from HOLSTEBRO. The company recorded a gross profit of 922.9 kDKK in 2019. The operating profit was -9.8 kDKK, while net earnings were 1.1 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 0.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 28.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Kastberg biler IVS'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.