CARELINK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CARELINK A/S
CARELINK A/S (CVR number: 30568176) is a company from RANDERS. The company reported a net sales of 1342.5 mDKK in 2023, demonstrating a decline of -22.5 % compared to the previous year. The operating profit percentage was at 1.7 % (EBIT: 22.2 mDKK), while net earnings were 11.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent but Return on Equity (ROE) was 10.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 23.8 %, 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. CARELINK A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 370.24 | 405.09 | 1 610.43 | 1 732.56 | 1 342.51 |
Gross profit | 31.75 | 28.85 | 488.09 | 265.66 | 107.19 |
EBIT | 10.57 | 6.25 | 437.13 | 162.71 | 22.25 |
Net earnings | 8.13 | 4.56 | 338.33 | 125.12 | 11.10 |
Shareholders equity total | 22.99 | 15.35 | 145.69 | 122.32 | 83.42 |
Balance sheet total (assets) | 62.97 | 138.34 | 373.49 | 371.30 | 350.63 |
Net debt | 13.01 | 81.90 | |||
Profitability | |||||
EBIT-% | 2.9 % | 1.5 % | 27.1 % | 9.4 % | 1.7 % |
ROA | 17.1 % | 6.2 % | 170.8 % | 43.9 % | 6.9 % |
ROE | 38.9 % | 23.8 % | 420.2 % | 93.4 % | 10.8 % |
ROI | 23.5 % | 6.2 % | 170.8 % | 61.8 % | 15.3 % |
Economic value added (EVA) | 9.63 | 5.09 | 436.36 | 118.59 | 2.82 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 32.9 % | 23.8 % |
Gearing | 26.7 % | 100.3 % | |||
Relative net indebtedness % | 13.2 % | 19.7 % | |||
Liquidity | |||||
Quick ratio | 1.3 | 0.7 | |||
Current ratio | 1.3 | 0.7 | |||
Cash and cash equivalents | 19.64 | 1.76 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 45.3 | 20.1 | |||
Net working capital % | 3.5 % | -4.8 % | |||
Credit risk | |||||
Credit rating | A | A | A |
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