CARSOE ApS

CVR number: 14263942
Mineralvej 6-8, 9220 Aalborg Øst
adm@carsoe.dk
tel: 98242624

Credit rating

Company information

Official name
CARSOE ApS
Personnel
221 persons
Established
1990
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About the company

CARSOE ApS (CVR number: 14263942K) is a company from AALBORG. The company reported a net sales of 353.7 mDKK in 2017, demonstrating a growth of 51.2 % compared to the previous year. The operating profit percentage was at 8.3 % (EBIT: 29.3 mDKK), while net earnings were 21.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21 %, which can be considered excellent and Return on Equity (ROE) was 62.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. CARSOE ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20162017
Volume
Net sales233 940.00353 748.00
Gross profit104 647.00132 793.00
EBIT20 402.0029 257.00
Net earnings14 489.0021 161.00
Shareholders equity total29 843.0038 296.00
Balance sheet total (assets)127 182.00167 255.00
Net debt13 807.006 611.00
Profitability
EBIT-%8.7 %8.3 %
ROA16.1 %21.0 %
ROE48.5 %62.6 %
ROI37.9 %50.2 %
Economic value added (EVA)15 379.1620 483.95
Solvency
Equity ratio30.6 %29.1 %
Gearing56.7 %49.9 %
Relative net indebtedness %38.6 %29.9 %
Liquidity
Quick ratio1.00.9
Current ratio1.01.0
Cash and cash equivalents3 104.0012 489.00
Capital use efficiency
Trade debtors turnover (days)47.922.3
Net working capital %-0.6 %-0.3 %
Credit risk
Credit ratingBBBA

Variable visualization

ROA:21.0%
Rating: 75/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.1%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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