Karma Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Karma Holding ApS
Karma Holding ApS (CVR number: 39438399) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -27.4 kDKK in 2024. The operating profit was -27.4 kDKK, while net earnings were 122.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 88.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Karma Holding ApS's liquidity measured by quick ratio was 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -5.33 | -18.08 | -18.08 | -22.32 | -27.41 |
| EBIT | -5.33 | -18.08 | -18.08 | -22.32 | -27.41 |
| Net earnings | 696.45 | 531.29 | 531.29 | 129.99 | 122.26 |
| Shareholders equity total | 1 467.09 | 4 775.43 | 4 775.43 | 4 777.42 | 4 899.68 |
| Balance sheet total (assets) | 1 743.53 | 5 012.78 | 5 012.78 | 5 252.68 | 5 526.14 |
| Net debt | 60.20 | -3.12 | -3.12 | -2.67 | 30.63 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 51.7 % | 17.0 % | 11.5 % | 3.2 % | 3.4 % |
| ROE | 62.2 % | 17.0 % | 11.1 % | 2.7 % | 2.5 % |
| ROI | 61.1 % | 18.2 % | 12.0 % | 3.5 % | 3.8 % |
| Economic value added (EVA) | -43.76 | -90.06 | - 252.80 | - 256.47 | - 260.72 |
| Solvency | |||||
| Equity ratio | 84.1 % | 95.3 % | 95.3 % | 91.0 % | 88.7 % |
| Gearing | 4.8 % | 0.7 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.8 | 9.1 | 9.1 | 4.8 | 4.0 |
| Current ratio | 0.8 | 9.1 | 9.1 | 4.8 | 4.0 |
| Cash and cash equivalents | 9.60 | 3.12 | 3.12 | 2.67 | 3.45 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | A | BBB | BBB |
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