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Karin Lykke Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Karin Lykke Holding ApS
Karin Lykke Holding ApS (CVR number: 41294841) is a company from AALBORG. The company recorded a gross profit of -5.1 kDKK in 2024. The operating profit was -5.1 kDKK, while net earnings were 41.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good but Return on Equity (ROE) was 17.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Karin Lykke Holding 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -20.05 | 64.11 | -23.50 | -5.05 | |
| EBIT | -20.05 | 64.11 | -23.50 | -5.05 | |
| Net earnings | 34.35 | 9.18 | - 135.61 | 265.89 | 41.65 |
| Shareholders equity total | 74.35 | 83.53 | -52.08 | 213.82 | 255.47 |
| Balance sheet total (assets) | 170.14 | 199.37 | 68.34 | 597.31 | 408.26 |
| Net debt | 44.17 | -15.67 | -68.34 | -97.31 | -9.65 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 20.8 % | 5.1 % | -74.8 % | 77.7 % | 12.6 % |
| ROE | 46.2 % | 11.6 % | -178.6 % | 188.5 % | 17.8 % |
| ROI | 26.3 % | 8.6 % | -286.3 % | 260.9 % | 26.9 % |
| Economic value added (EVA) | -26.80 | 49.17 | -20.88 | -14.94 | |
| Solvency | |||||
| Equity ratio | 43.7 % | 41.9 % | -43.2 % | 35.8 % | 62.6 % |
| Gearing | 80.7 % | ||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.3 | 1.3 | 0.6 | 0.3 | 1.4 |
| Current ratio | 1.3 | 1.3 | 0.6 | 0.3 | 1.4 |
| Cash and cash equivalents | 15.83 | 15.67 | 68.34 | 97.31 | 9.65 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BB | BB | BB |
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