CARMO A/S — Credit Rating and Financial Key Figures

CVR number: 26987369
Højvangen 19, 3060 Espergærde
denmark@carmo.dk
tel: 49122100
www.carmo.dk

Company information

Official name
CARMO A/S
Personnel
95 persons
Established
2004
Company form
Limited company
Industry

About CARMO A/S

CARMO A/S (CVR number: 26987369) is a company from HELSINGØR. The company recorded a gross profit of 77.1 mDKK in 2024. The operating profit was 19.3 mDKK, while net earnings were 14.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29 %, which can be considered excellent and Return on Equity (ROE) was 51.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.2 %, 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. CARMO A/S'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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit41 047.1945 892.6151 063.4663 215.3377 100.91
EBIT807.785 983.767 917.9210 171.7819 336.63
Net earnings327.014 609.275 451.017 450.5114 746.31
Shareholders equity total15 161.0119 770.2832 580.5525 031.0532 277.36
Balance sheet total (assets)37 174.9242 775.8260 583.0366 658.8668 121.29
Net debt6 719.1483.41-1 314.578 993.695 932.68
Profitability
EBIT-%
ROA2.2 %15.4 %15.7 %16.2 %29.0 %
ROE2.2 %26.4 %20.8 %25.9 %51.5 %
ROI2.9 %20.2 %23.0 %24.5 %41.7 %
Economic value added (EVA)- 639.293 362.634 376.965 975.7512 778.17
Solvency
Equity ratio40.9 %46.4 %54.9 %37.6 %48.2 %
Gearing60.3 %37.6 %50.7 %29.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.11.61.01.4
Current ratio1.61.92.41.72.1
Cash and cash equivalents2 417.377 347.901 314.573 690.893 560.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:29.0%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.2%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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