K/S CARDONALD — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S CARDONALD
K/S CARDONALD (CVR number: 29848343) is a company from KØBENHAVN. The company reported a net sales of 0 mDKK in 2022. The operating profit percentage was poor at -2171.1 % (EBIT: -0.5 mDKK), while net earnings were -245.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was -4.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -25 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. K/S CARDONALD's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 185.04 | 793.87 | 22.04 | ||
Gross profit | 1 185.04 | 793.87 | -55.26 | -60.21 | -24.75 |
EBIT | 1 174.26 | -2 121.52 | - 302.97 | - 265.06 | - 478.58 |
Net earnings | 443.74 | -2 850.94 | - 320.15 | - 284.93 | - 245.88 |
Shareholders equity total | 2 224.94 | - 386.00 | - 222.13 | - 220.39 | - 296.13 |
Balance sheet total (assets) | 15 952.81 | 12 566.56 | 9 251.93 | 9 793.57 | 888.26 |
Net debt | - 111.09 | -36.86 | - 123.23 | - 115.67 | -20.80 |
Profitability | |||||
EBIT-% | 99.1 % | -267.2 % | -2171.1 % | ||
ROA | 8.0 % | -14.0 % | -2.5 % | -2.7 % | 11.8 % |
ROE | 23.6 % | -38.5 % | -2.9 % | -3.0 % | -4.6 % |
ROI | 8.5 % | -15.1 % | -4.9 % | ||
Economic value added (EVA) | 1 100.09 | -2 227.74 | - 281.72 | - 247.71 | - 461.70 |
Solvency | |||||
Equity ratio | 13.9 % | -3.0 % | -2.3 % | -2.2 % | -25.0 % |
Gearing | |||||
Relative net indebtedness % | 1149.1 % | 1626.9 % | 5278.7 % | ||
Liquidity | |||||
Quick ratio | 0.5 | 0.1 | 0.0 | 0.0 | 0.7 |
Current ratio | 0.5 | 0.1 | 0.0 | 0.0 | 0.7 |
Cash and cash equivalents | 111.09 | 36.86 | 123.23 | 115.67 | 20.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -37.1 % | -150.9 % | -1343.4 % | ||
Credit risk | |||||
Credit rating | A | BB | BBB | BBB | B |
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