KARSTEN DK ApS — Credit Rating and Financial Key Figures

CVR number: 20177640
Fredericiavej 12 A, 7100 Vejle
cja@tamaco.dk

Credit rating

Company information

Official name
KARSTEN DK ApS
Established
1997
Company form
Private limited company
Industry
  • Expand more icon702000

About KARSTEN DK ApS

KARSTEN DK ApS (CVR number: 20177640K) is a company from VEJLE. The company recorded a gross profit of 22 mDKK in 2024. The operating profit was -280 kDKK, while net earnings were -3301 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -26 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 23 %, 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. KARSTEN DK ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit18 261.0025 834.0024 489.0029 647.0021 993.00
EBIT2 670.006 873.005 649.006 966.00- 280.00
Net earnings777.006 305.003 220.002 469.00-3 301.00
Shareholders equity total14 962.0018 334.0021 992.0024 206.0020 437.00
Balance sheet total (assets)105 674.00108 983.00125 557.00115 737.0095 576.00
Net debt-2 891.0046 148.0038 340.00
Profitability
EBIT-%
ROA2.5 %6.4 %4.8 %6.0 %-0.2 %
ROE7.1 %37.9 %16.0 %13.5 %-26.0 %
ROI2.9 %6.4 %4.8 %7.3 %-0.3 %
Economic value added (EVA)796.746 121.164 727.724 942.39-2 532.53
Solvency
Equity ratio100.0 %100.0 %81.5 %21.5 %23.0 %
Gearing198.5 %191.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.9
Current ratio1.51.6
Cash and cash equivalents2 891.001 904.00830.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.21%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.0%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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