CARSOE ApS — Credit Rating and Financial Key Figures

CVR number: 14263942
Mineralvej 6-8, 9220 Aalborg Øst
adm@carsoe.dk
tel: 98242019

Company information

Official name
CARSOE ApS
Personnel
221 persons
Established
1990
Company form
Private limited company
Industry

About CARSOE ApS

CARSOE ApS (CVR number: 14263942) is a company from AALBORG. The company recorded a gross profit of 383 kDKK in 2024. The operating profit was 383 kDKK, while net earnings were 1213 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 20.7 %, 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 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales525.53431.38423.88
Gross profit179.45165.452.86-9.570.38
EBIT10.88-2.45-67.24-9.570.38
Net earnings21.7310.13-19.11-5.261.21
Shareholders equity total90.2256.9143.5238.2639.47
Balance sheet total (assets)370.57328.28215.79157.65190.99
Net debt61.0469.60222.43108.37139.16
Profitability
EBIT-%2.1 %-0.6 %-15.9 %
ROA5.7 %4.4 %-8.2 %0.9 %6.8 %
ROE23.2 %13.8 %-38.1 %-12.9 %3.1 %
ROI9.5 %9.0 %-7.5 %0.6 %7.2 %
Economic value added (EVA)-1.41-10.76-60.79-21.78-7.12
Solvency
Equity ratio24.6 %17.3 %66.9 %24.3 %20.7 %
Gearing67.7 %138.1 %535.7 %283.3 %352.6 %
Relative net indebtedness %48.1 %54.0 %1.7 %
Liquidity
Quick ratio0.70.620.11.41.3
Current ratio1.00.820.71.41.3
Cash and cash equivalents8.9710.710.000.00
Capital use efficiency
Trade debtors turnover (days)55.974.41.5
Net working capital %1.7 %-10.9 %48.4 %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:6.75%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.7%
Rating: 20/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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