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KarCar Invest ApS — Credit Rating and Financial Key Figures

CVR number: 38855778
Torvet 10, 8300 Odder
cvm@rdas.dk
Free credit report Annual report

Credit rating

Company information

Official name
KarCar Invest ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

About KarCar Invest ApS

KarCar Invest ApS (CVR number: 38855778) is a company from ODDER. The company recorded a gross profit of -19.9 kDKK in 2024. The operating profit was -2109.8 kDKK, while net earnings were -17.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 22.7 %, which can be considered excellent but Return on Equity (ROE) was -55.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.2 %, 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. KarCar Invest ApS's liquidity measured by quick ratio was 0.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit37.45201.34408.33239.46-19.89
EBIT- 202.42-53.0725.47- 232.23-2 109.79
Net earnings- 322.50-1 339.88-1 798.54-1 051.09-17 226.74
Shareholders equity total14 088.5912 748.7115 950.1714 899.0847 672.33
Balance sheet total (assets)47 984.7548 516.3159 395.2360 764.2367 025.32
Net debt31 750.2733 133.1540 980.3243 509.3217 090.50
Profitability
EBIT-%
ROA2.7 %1.8 %1.8 %1.4 %22.7 %
ROE-1.2 %-10.0 %-12.5 %-6.8 %-55.1 %
ROI2.8 %1.8 %1.8 %1.4 %-23.0 %
Economic value added (EVA)-2 102.47-2 447.39-2 392.14-3 088.90-5 096.65
Solvency
Equity ratio29.4 %26.3 %26.9 %24.5 %71.2 %
Gearing237.6 %277.4 %268.5 %303.9 %39.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.40.40.4
Current ratio0.50.50.40.40.4
Cash and cash equivalents1 723.382 229.751 848.351 761.801 598.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:22.7%
Rating: 78/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.2%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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