Careturner A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Careturner A/S
Careturner A/S (CVR number: 36075333) is a company from HERLEV. The company recorded a gross profit of 2432.2 kDKK in 2023. The operating profit was -112.5 kDKK, while net earnings were -467.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.9 %, which can be considered poor and Return on Equity (ROE) was -6.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56.2 %, 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. Careturner A/S's liquidity measured by quick ratio was 1.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 212.66 | 1 537.76 | 697.24 | 1 385.29 | 2 432.15 |
EBIT | -1 999.79 | -68.39 | -1 048.76 | - 790.78 | - 112.51 |
Net earnings | -1 948.48 | - 439.90 | -1 018.06 | - 811.79 | - 467.40 |
Shareholders equity total | 2 768.83 | 2 328.94 | 6 666.44 | 7 354.64 | 6 887.23 |
Balance sheet total (assets) | 8 784.06 | 8 368.48 | 12 004.78 | 12 938.34 | 12 259.83 |
Net debt | 4 715.10 | 5 143.69 | 2 149.60 | 2 334.77 | 2 430.65 |
Profitability | |||||
EBIT-% | |||||
ROA | -24.4 % | -0.8 % | -10.3 % | -6.3 % | -0.9 % |
ROE | -86.9 % | -17.3 % | -22.6 % | -11.6 % | -6.6 % |
ROI | -25.6 % | -0.8 % | -10.7 % | -6.8 % | -1.0 % |
Economic value added (EVA) | -1 699.24 | - 198.82 | - 890.17 | - 736.85 | - 302.77 |
Solvency | |||||
Equity ratio | 31.5 % | 27.8 % | 55.5 % | 56.8 % | 56.2 % |
Gearing | 170.3 % | 220.9 % | 64.3 % | 54.9 % | 54.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.2 | 2.5 | 2.2 | 1.2 |
Current ratio | 1.7 | 1.0 | 3.7 | 3.4 | 1.8 |
Cash and cash equivalents | 0.26 | 2 138.34 | 1 700.10 | 1 341.41 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | A |
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