KARIN HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 203.45 | 277.55 | 382.72 | 368.57 | -81.32 |
Shareholders equity total | 2 615.52 | 2 782.47 | 3 052.19 | 3 306.36 | 3 225.04 |
Balance sheet total (assets) | 4 079.23 | 4 412.76 | 4 865.75 | 5 231.39 | 5 203.25 |
Net debt | 424.87 | 503.17 | 695.69 | 746.63 | 891.83 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.0 % | 8.0 % | 9.3 % | 9.0 % | 1.0 % |
ROE | 7.9 % | 10.3 % | 13.1 % | 11.6 % | -2.5 % |
ROI | 7.0 % | 8.0 % | 9.3 % | 9.0 % | 1.0 % |
Economic value added (EVA) | - 148.70 | - 213.18 | - 228.52 | - 253.26 | - 274.05 |
Solvency | |||||
Equity ratio | 64.1 % | 63.1 % | 62.7 % | 63.2 % | 62.0 % |
Gearing | 55.7 % | 58.4 % | 59.2 % | 58.0 % | 61.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.7 | 0.6 | 0.6 | 0.5 |
Current ratio | 0.7 | 0.7 | 0.6 | 0.6 | 0.5 |
Cash and cash equivalents | 1 032.48 | 1 120.76 | 1 111.50 | 1 172.02 | 1 080.01 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | A | BBB |
Variable visualization
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