KARMA CONNECTED ApS — Credit Rating and Financial Key Figures

KARMA CONNECTED ApS (CVR number: 33950829) is a company from SØNDERBORG. The company recorded a gross profit of 1 kDKK in 2017. The operating profit was 1 kDKK, while net earnings were -0.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak but Return on Equity (ROE) was -0.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -34.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. KARMA CONNECTED ApS'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.