KARMARK ApS — Credit Rating and Financial Key Figures

CVR number: 20975482
Magnoliavej 9, 8260 Viby J
kimkarmark@yahoo.dk
tel: 29684917

Credit rating

Company information

Official name
KARMARK ApS
Established
1998
Company form
Private limited company
Industry

About KARMARK ApS

KARMARK ApS (CVR number: 20975482) is a company from AARHUS. The company recorded a gross profit of 194.3 kDKK in 2023. The operating profit was -11.4 kDKK, while net earnings were -262.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -10.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.1 %, 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. KARMARK ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit144.79193.90267.36755.63194.28
EBIT144.79113.522 417.36- 648.43-11.36
Net earnings-35.34- 135.341 878.19- 564.96- 262.63
Shareholders equity total1 849.611 603.683 368.872 689.512 309.08
Balance sheet total (assets)12 415.6412 412.8614 637.7710 476.0210 442.74
Net debt10 303.3010 502.3910 581.167 310.317 747.40
Profitability
EBIT-%
ROA2.0 %1.4 %18.4 %-4.3 %0.2 %
ROE-1.8 %-7.8 %75.5 %-18.7 %-10.5 %
ROI2.0 %1.4 %18.5 %-4.3 %0.2 %
Economic value added (EVA)- 130.70-97.881 755.65- 820.55- 173.12
Solvency
Equity ratio14.9 %12.9 %23.0 %25.7 %22.1 %
Gearing564.6 %663.1 %319.2 %276.5 %340.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents140.33131.09173.33126.81108.83
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:0.24%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.1%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.