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KARTZ ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About KARTZ ApS
KARTZ ApS (CVR number: 21113670) is a company from Brønderslev. The company recorded a gross profit of -47 kDKK in 2025. The operating profit was -62 kDKK, while net earnings were 6173 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 15.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. KARTZ 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 financials2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 15.48 | 70.15 | 275.00 | 186.00 | -47.00 |
| EBIT | 0.98 | 55.65 | 260.00 | 171.00 | -62.00 |
| Net earnings | 5 419.45 | - 271.20 | 8 080.00 | 14 375.00 | 6 173.00 |
| Shareholders equity total | 15 751.09 | 15 479.89 | 23 559.00 | 37 935.00 | 43 973.00 |
| Balance sheet total (assets) | 24 071.77 | 23 932.90 | 44 886.00 | 55 684.00 | 62 246.00 |
| Net debt | 165.46 | -80.37 | 15 755.00 | 13 534.00 | 13 694.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 10.9 % | -0.1 % | 25.5 % | 30.7 % | 11.7 % |
| ROE | 41.6 % | -1.7 % | 41.4 % | 46.8 % | 15.1 % |
| ROI | 40.8 % | -0.2 % | 28.9 % | 31.4 % | 12.1 % |
| Economic value added (EVA) | - 551.81 | - 766.37 | - 546.01 | -2 092.04 | -2 749.08 |
| Solvency | |||||
| Equity ratio | 65.4 % | 64.7 % | 52.5 % | 68.1 % | 70.6 % |
| Gearing | 3.9 % | 3.6 % | 90.3 % | 41.4 % | 38.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.6 | 0.9 | 1.0 | 1.2 | 1.3 |
| Current ratio | 1.6 | 0.9 | 1.0 | 1.2 | 1.3 |
| Cash and cash equivalents | 450.12 | 640.55 | 5 509.00 | 2 182.00 | 3 321.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | A | A | A |
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