Karl & Sørensen ApS

CVR number: 41970545
Værkstedvej 28, 2500 Valby

Credit rating

Company information

Official name
Karl & Sørensen ApS
Established
2020
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About the company

Karl & Sørensen ApS (CVR number: 41970545) is a company from KØBENHAVN. The company recorded a gross profit of -113.5 kDKK in 2023. The operating profit was -113.5 kDKK, while net earnings were -123.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.2 %, which can be considered poor and Return on Equity (ROE) was -120 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 2.7 %, 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. Karl & Sørensen ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020202120222023
Volume
Net sales
Gross profit74.75110.87- 113.53
EBIT64.26110.87- 113.53
Net earnings45.7478.63- 123.25
Shareholders equity total40.0085.74164.3741.12
Balance sheet total (assets)239.18926.661 547.86
Net debt59.87606.751 475.20
Profitability
EBIT-%
ROA26.9 %19.0 %-9.2 %
ROE36.4 %62.9 %-120.0 %
ROI29.4 %19.9 %-9.3 %
Economic value added (EVA)47.6585.04-90.80
Solvency
Equity ratio100.0 %35.8 %17.7 %2.7 %
Gearing154.8 %445.4 %3641.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.30.2
Current ratio1.61.21.0
Cash and cash equivalents72.87125.3522.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:-9.18%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.66%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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