KARSTENSENS UDLEJNING A/S — Credit Rating and Financial Key Figures

CVR number: 31747058
Vestre Strandvej 15-19, 9990 Skagen
tel: 98441311

Credit rating

Company information

Official name
KARSTENSENS UDLEJNING A/S
Established
2008
Company form
Limited company
Industry
  • Expand more icon77Rental and leasing activities

About KARSTENSENS UDLEJNING A/S

KARSTENSENS UDLEJNING A/S (CVR number: 31747058) is a company from FREDERIKSHAVN. The company recorded a gross profit of 11.6 mDKK in 2023. The operating profit was 7333.4 kDKK, while net earnings were 5758.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good and Return on Equity (ROE) was 13.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 84.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. KARSTENSENS UDLEJNING A/S's liquidity measured by quick ratio was 2.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit10 546.5610 844.8010 597.1011 100.1811 635.20
EBIT6 249.356 785.536 642.386 956.797 333.39
Net earnings4 863.215 297.785 081.005 236.415 758.34
Shareholders equity total48 387.3838 685.1633 766.1639 002.5744 760.90
Balance sheet total (assets)65 249.3959 253.4151 246.1359 312.2464 791.14
Net debt7 499.991 800.046 585.884 809.70-3 999.39
Profitability
EBIT-%
ROA8.9 %11.3 %12.3 %12.8 %13.0 %
ROE10.6 %12.2 %14.0 %14.4 %13.7 %
ROI9.3 %12.0 %13.2 %13.8 %14.0 %
Economic value added (EVA)2 674.732 860.293 695.703 845.834 128.21
Solvency
Equity ratio85.7 %80.3 %83.3 %82.6 %84.5 %
Gearing15.5 %28.2 %26.4 %31.0 %27.2 %
Relative net indebtedness %
Liquidity
Quick ratio4.31.50.61.22.4
Current ratio4.31.50.61.22.4
Cash and cash equivalents0.019 125.812 314.127 280.6516 178.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:13.0%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.5%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer

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