CARVE SOLUTIONS ApS — Credit Rating and Financial Key Figures

CVR number: 36407476
Købmagergade 11, 1150 København K

Credit rating

Company information

Official name
CARVE SOLUTIONS ApS
Established
2014
Company form
Private limited company
Industry

About CARVE SOLUTIONS ApS

CARVE SOLUTIONS ApS (CVR number: 36407476) is a company from KØBENHAVN. The company reported a net sales of 24.8 mDKK in 2024, demonstrating a decline of -14.4 % compared to the previous year. The operating profit percentage was at 0.4 % (EBIT: 0.1 mDKK), while net earnings were 48.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.3 %, which can be considered weak but Return on Equity (ROE) was 5.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 8.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. CARVE SOLUTIONS ApS's liquidity measured by quick ratio was 1.1 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales13 430.4428 906.9724 753.35
Gross profit401.37354.25148.66224.08248.12
EBIT291.69244.5738.64181.41105.45
Net earnings219.81157.1151.8935.3348.92
Shareholders equity total696.24853.35905.24940.57989.49
Balance sheet total (assets)35 922.966 197.1910 580.6616 693.5812 045.54
Net debt-1 226.55-3 044.49-2 570.37-2 419.83-4 558.98
Profitability
EBIT-%0.3 %0.6 %0.4 %
ROA1.5 %1.5 %1.7 %1.7 %1.3 %
ROE37.5 %20.3 %5.9 %3.8 %5.1 %
ROI49.3 %38.7 %9.9 %10.0 %6.5 %
Economic value added (EVA)203.02155.81-16.8335.99-56.48
Solvency
Equity ratio1.9 %13.8 %8.6 %5.6 %8.2 %
Gearing9.5 %109.7 %186.3 %199.9 %
Relative net indebtedness %45.5 %40.1 %18.2 %
Liquidity
Quick ratio1.01.11.11.11.1
Current ratio1.01.11.11.11.1
Cash and cash equivalents1 226.553 125.983 563.424 171.696 536.82
Capital use efficiency
Trade debtors turnover (days)155.3129.340.8
Net working capital %5.9 %3.0 %2.3 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:1.27%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.21%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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