Kara´s Bagels ApS — Credit Rating and Financial Key Figures
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 465.6 kDKK in 2024. The operating profit was -117.2 kDKK, while net earnings were -97.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.7 %, which can be considered poor and Return on Equity (ROE) was -24.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 51.3 %, 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -24.48 | 192.39 | 730.85 | 412.72 | 465.57 |
EBIT | - 213.45 | - 291.22 | 208.45 | - 112.05 | - 117.23 |
Net earnings | - 190.86 | - 236.33 | 154.56 | -93.85 | -97.76 |
Shareholders equity total | 618.01 | 381.69 | 536.25 | 442.40 | 344.64 |
Balance sheet total (assets) | 1 226.90 | 1 119.62 | 848.20 | 913.17 | 672.45 |
Net debt | - 975.88 | - 221.87 | - 372.69 | - 541.53 | - 320.09 |
Profitability | |||||
EBIT-% | |||||
ROA | -18.7 % | -24.8 % | 21.2 % | -12.7 % | -14.7 % |
ROE | -26.8 % | -47.3 % | 33.7 % | -19.2 % | -24.8 % |
ROI | -29.9 % | -55.5 % | 40.6 % | -21.5 % | -29.4 % |
Economic value added (EVA) | - 224.60 | - 264.76 | 134.49 | - 123.86 | - 120.28 |
Solvency | |||||
Equity ratio | 50.4 % | 34.1 % | 63.2 % | 48.4 % | 51.3 % |
Gearing | 0.4 % | 12.4 % | 11.3 % | 0.9 % | 1.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.0 | 1.7 | 1.3 | 1.3 |
Current ratio | 1.8 | 1.3 | 2.4 | 1.8 | 1.9 |
Cash and cash equivalents | 978.46 | 269.35 | 433.33 | 545.37 | 324.78 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BB |
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