KAR+CO Holding ApS — Credit Rating and Financial Key Figures

CVR number: 40258760
Borupvang 3, 2750 Ballerup

Credit rating

Company information

Official name
KAR+CO Holding ApS
Established
2019
Company form
Private limited company
Industry

About KAR+CO Holding ApS

KAR+CO Holding ApS (CVR number: 40258760) is a company from BALLERUP. The company recorded a gross profit of -21.3 kDKK in 2024. The operating profit was -21.3 kDKK, while net earnings were 24.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 34.4 %, 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. KAR+CO Holding ApS's liquidity measured by quick ratio was 2.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-11.42-18.30-19.55-22.93-21.30
EBIT-11.42-18.30-19.55-22.93-21.30
Net earnings246.609.682 688.24173.1624.17
Shareholders equity total440.17449.853 063.09772.25796.42
Balance sheet total (assets)4 360.223 768.733 768.632 754.242 312.36
Net debt385.72587.79152.7892.83-1.16
Profitability
EBIT-%
ROA7.2 %1.4 %71.6 %5.7 %2.1 %
ROE77.8 %2.2 %153.0 %9.0 %3.1 %
ROI7.2 %1.4 %76.9 %9.0 %6.4 %
Economic value added (EVA)186.70170.42152.35-7.6757.83
Solvency
Equity ratio10.1 %11.9 %81.3 %28.0 %34.4 %
Gearing122.6 %143.0 %6.5 %14.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.10.81.02.3
Current ratio0.40.10.81.02.3
Cash and cash equivalents154.1355.5247.0921.721.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:2.13%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:34.4%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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