KARMA-FLYT ApS — Credit Rating and Financial Key Figures

CVR number: 33046952
Angelgade 11, 1765 København V
martin@karma-flyt.dk
tel: 28150243

Credit rating

Company information

Official name
KARMA-FLYT ApS
Personnel
1 person
Established
2010
Company form
Private limited company
Industry
  • Expand more icon49Land transport and transport via pipelines

About KARMA-FLYT ApS

KARMA-FLYT ApS (CVR number: 33046952) is a company from KØBENHAVN. The company recorded a gross profit of 397 kDKK in 2023. The operating profit was 168.1 kDKK, while net earnings were 203.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 58.8 %, which can be considered excellent and Return on Equity (ROE) was 122.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -6.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. KARMA-FLYT ApS's liquidity measured by quick ratio was 0.8 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit386.52219.48-45.36-33.90396.96
EBIT-32.41-37.35-45.36-34.24168.05
Net earnings-35.61-38.43-45.45- 103.13203.29
Shareholders equity total-34.45-72.89- 118.34- 221.47-18.18
Balance sheet total (assets)262.41212.44188.6452.39279.59
Net debt155.2268.57133.59191.03-25.16
Profitability
EBIT-%
ROA-11.8 %-12.8 %-15.3 %-11.8 %58.8 %
ROE-26.6 %-16.2 %-22.7 %-85.6 %122.5 %
ROI-21.9 %-24.4 %-33.1 %-21.0 %101.8 %
Economic value added (EVA)-31.64-35.09-38.09-18.36230.08
Solvency
Equity ratio-11.6 %-25.5 %-38.5 %-80.9 %-6.1 %
Gearing-481.0 %-192.6 %-113.0 %-86.9 %-757.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.60.50.10.8
Current ratio0.80.60.50.10.8
Cash and cash equivalents10.4771.770.101.53162.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:58.8%
Rating: 99/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-6.10%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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