KARTZ ApS — Credit Rating and Financial Key Figures

CVR number: 21113670
Civagårdsvej 1, 9330 Dronninglund

Company information

Official name
KARTZ ApS
Established
1998
Company form
Private limited company
Industry

About KARTZ ApS

KARTZ ApS (CVR number: 21113670) is a company from Brønderslev. The company recorded a gross profit of 289.5 kDKK in 2023. The operating profit was 275 kDKK, while net earnings were 8079.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.6 %, which can be considered excellent and Return on Equity (ROE) was 41.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.5 %, 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. KARTZ ApS's liquidity measured by quick ratio was 1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit92.47139.2315.4870.15289.46
EBIT77.97124.730.9855.65274.96
Net earnings862.053 192.585 419.45- 271.208 079.59
Shareholders equity total7 139.0610 331.6415 751.0915 479.8923 559.48
Balance sheet total (assets)9 515.0915 236.6824 071.7723 932.9044 885.36
Net debt1 031.14- 870.51165.46-80.374 808.57
Profitability
EBIT-%
ROA11.6 %56.8 %10.9 %-0.1 %25.6 %
ROE12.9 %36.5 %41.6 %-1.7 %41.4 %
ROI13.8 %37.4 %40.8 %-0.2 %32.0 %
Economic value added (EVA)82.1625.00236.36-21.8392.51
Solvency
Equity ratio75.0 %67.8 %65.4 %64.7 %52.5 %
Gearing14.4 %6.5 %3.9 %3.6 %43.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.30.81.60.91.0
Current ratio2.30.81.60.91.0
Cash and cash equivalents1 539.59450.12640.555 508.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:25.6%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.5%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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