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KAR+CO Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KAR+CO Holding ApS
KAR+CO Holding ApS (CVR number: 40258760) is a company from BALLERUP. The company recorded a gross profit of -23.5 kDKK in 2025. The operating profit was -23.5 kDKK, while net earnings were 488.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.1 %, which can be considered excellent and Return on Equity (ROE) was 47.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 89.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KAR+CO Holding ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -18.30 | -19.55 | -22.93 | -21.30 | -23.50 |
| EBIT | -18.30 | -19.55 | -22.93 | -21.30 | -23.50 |
| Net earnings | 9.68 | 2 688.24 | 173.16 | 24.17 | 488.08 |
| Shareholders equity total | 449.85 | 3 063.09 | 772.25 | 796.42 | 1 274.51 |
| Balance sheet total (assets) | 3 768.73 | 3 768.63 | 2 754.24 | 2 312.36 | 1 427.98 |
| Net debt | 587.79 | 152.78 | 92.83 | -1.16 | -63.13 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.4 % | 71.6 % | 5.7 % | 2.1 % | 26.1 % |
| ROE | 2.2 % | 153.0 % | 9.0 % | 3.1 % | 47.1 % |
| ROI | 1.4 % | 76.9 % | 9.0 % | 6.4 % | 44.2 % |
| Economic value added (EVA) | -73.54 | -68.81 | - 181.48 | -60.48 | -63.52 |
| Solvency | |||||
| Equity ratio | 11.9 % | 81.3 % | 28.0 % | 34.4 % | 89.3 % |
| Gearing | 143.0 % | 6.5 % | 14.8 % | 10.8 % | |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.1 | 0.8 | 1.0 | 2.3 | 1.3 |
| Current ratio | 0.1 | 0.8 | 1.0 | 2.3 | 1.3 |
| Cash and cash equivalents | 55.52 | 47.09 | 21.72 | 1.16 | 200.35 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | BBB | BBB | A |
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