Kara´s Bagels ApS
Credit rating
Company information
About Kara´s Bagels ApS
Kara´s Bagels ApS (CVR number: 37287598) is a company from SLAGELSE. The company recorded a gross profit of 412.7 kDKK in 2023. The operating profit was -112 kDKK, while net earnings were -93.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.7 %, which can be considered poor and Return on Equity (ROE) was -19.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Kara´s Bagels ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 696.57 | -24.48 | 192.39 | 730.85 | 412.72 |
EBIT | 256.55 | - 213.45 | - 291.22 | 208.45 | - 112.05 |
Net earnings | 190.93 | - 190.86 | - 236.33 | 154.56 | -93.85 |
Shareholders equity total | 808.88 | 618.01 | 381.69 | 536.25 | 442.40 |
Balance sheet total (assets) | 1 057.27 | 1 226.90 | 1 119.62 | 848.20 | 913.17 |
Net debt | - 730.70 | - 975.88 | - 221.87 | - 372.69 | - 541.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 25.3 % | -18.7 % | -24.8 % | 21.2 % | -12.7 % |
ROE | 26.8 % | -26.8 % | -47.3 % | 33.7 % | -19.2 % |
ROI | 33.2 % | -29.9 % | -55.5 % | 40.6 % | -21.5 % |
Economic value added (EVA) | 179.82 | - 187.88 | - 215.46 | 150.42 | -99.04 |
Solvency | |||||
Equity ratio | 76.5 % | 50.4 % | 34.1 % | 63.2 % | 48.4 % |
Gearing | 0.4 % | 12.4 % | 11.3 % | 0.9 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.3 | 1.7 | 1.0 | 1.7 | 1.3 |
Current ratio | 3.4 | 1.8 | 1.3 | 2.4 | 1.8 |
Cash and cash equivalents | 730.70 | 978.46 | 269.35 | 433.33 | 545.37 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | B | BB | BBB | B |
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