KIT KARNABY ApS — Credit Rating and Financial Key Figures

CVR number: 31430550
Michael Jensens Vej 8, Tjørring 7400 Herning
tel: 96600656

Company information

Official name
KIT KARNABY ApS
Personnel
5 persons
Established
2008
Domicile
Tjørring
Company form
Private limited company
Industry

About KIT KARNABY ApS

KIT KARNABY ApS (CVR number: 31430550) is a company from HERNING. The company recorded a gross profit of 1054 kDKK in 2024. The operating profit was -2856 kDKK, while net earnings were 2059 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.7 %, which can be considered weak but Return on Equity (ROE) was 27.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.3 %, 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. KIT KARNABY ApS's liquidity measured by quick ratio was 0.3 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
2023
2024
Volume
Net sales
Gross profit320.001 054.00
EBIT-2 449.00-2 856.00
Net earnings83.002 059.00
Shareholders equity total6 773.008 190.00
Balance sheet total (assets)104 381.0099 604.00
Net debt97 244.0090 934.00
Profitability
EBIT-%
ROA2.4 %3.7 %
ROE1.2 %27.5 %
ROI2.4 %3.7 %
Economic value added (EVA)-1 991.53-7 454.96
Solvency
Equity ratio25.6 %29.3 %
Gearing1435.9 %1110.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.3
Current ratio0.30.3
Cash and cash equivalents12.0011.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBA

Variable visualization

ROA:3.72%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.3%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board

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