KARO DISTRIBUTION ApS — Credit Rating and Financial Key Figures

KARO DISTRIBUTION ApS (CVR number: 34805202) is a company from HALSNÆS. The company recorded a gross profit of 1934.6 kDKK in 2016. The operating profit was -32.9 kDKK, while net earnings were -20.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 58.7 %, 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. KARO DISTRIBUTION ApS's liquidity measured by quick ratio was 1.4 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.