KARTAGO PROPERTY ApS — Credit Rating and Financial Key Figures

KARTAGO PROPERTY ApS (CVR number: 32299644K) is a company from GENTOFTE. The company reported a net sales of 67.3 mDKK in 2023, demonstrating a decline of -2.6 % compared to the previous year. The operating profit percentage was at 18.8 % (EBIT: 12.6 mDKK), while net earnings were 10.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 68.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KARTAGO PROPERTY ApS's liquidity measured by quick ratio was 1.9 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.