CARBIDE A/S — Credit Rating and Financial Key Figures

CVR number: 29424403
Plastvænget 3 C, 9560 Hadsund
info@carbide.dk
tel: 70254245

Credit rating

Company information

Official name
CARBIDE A/S
Personnel
2 persons
Established
2006
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About CARBIDE A/S

CARBIDE A/S (CVR number: 29424403) is a company from MARIAGERFJORD. The company recorded a gross profit of 2824.3 kDKK in 2023. The operating profit was 1775.4 kDKK, while net earnings were 1369.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.6 %, which can be considered excellent and Return on Equity (ROE) was 31.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.8 %, 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. CARBIDE A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 389.552 325.622 336.012 421.252 824.29
EBIT1 391.191 403.131 423.331 406.481 775.39
Net earnings1 043.161 075.201 099.501 093.271 369.19
Shareholders equity total3 337.943 913.144 012.644 105.914 475.10
Balance sheet total (assets)6 176.705 554.775 609.105 395.927 484.73
Net debt2 615.641 036.79306.27856.65922.07
Profitability
EBIT-%
ROA22.2 %23.9 %25.5 %25.8 %27.6 %
ROE37.0 %29.7 %27.7 %26.9 %31.9 %
ROI23.3 %25.5 %28.2 %28.3 %29.8 %
Economic value added (EVA)969.78926.75914.34933.011 178.35
Solvency
Equity ratio54.0 %70.4 %71.5 %76.1 %59.8 %
Gearing78.4 %26.9 %26.2 %20.9 %55.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.40.90.60.7
Current ratio2.23.53.54.22.5
Cash and cash equivalents0.2414.00746.821 549.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:27.6%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.8%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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