KARIN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32296432
Sognevejen 10, 2690 Karlslunde

Credit rating

Company information

Official name
KARIN HOLDING ApS
Established
2009
Company form
Private limited company
Industry

About KARIN HOLDING ApS

KARIN HOLDING ApS (CVR number: 32296432) is a company from SOLRØD. The company recorded a gross profit of -11.5 kDKK in 2023. The operating profit was -11.5 kDKK, while net earnings were -81.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak but Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62 %, 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. KARIN HOLDING ApS's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-7.94-10.92-9.10-11.85-11.49
EBIT-7.94-10.92-9.10-11.85-11.49
Net earnings203.45277.55382.72368.57-81.32
Shareholders equity total2 615.522 782.473 052.193 306.363 225.04
Balance sheet total (assets)4 079.234 412.764 865.755 231.395 203.25
Net debt424.87503.17695.69746.63891.83
Profitability
EBIT-%
ROA7.0 %8.0 %9.3 %9.0 %1.0 %
ROE7.9 %10.3 %13.1 %11.6 %-2.5 %
ROI7.0 %8.0 %9.3 %9.0 %1.0 %
Economic value added (EVA)- 148.70- 213.18- 228.52- 253.26- 274.05
Solvency
Equity ratio64.1 %63.1 %62.7 %63.2 %62.0 %
Gearing55.7 %58.4 %59.2 %58.0 %61.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.70.60.60.5
Current ratio0.70.70.60.60.5
Cash and cash equivalents1 032.481 120.761 111.501 172.021 080.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:1.00%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.0%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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