KARUP DESIGN A/S — Credit Rating and Financial Key Figures

CVR number: 11211933
Lollandsvej 4 E, 7400 Herning
mail@karupdesign.com
tel: 97102000
www.karupdesign.com

Credit rating

Company information

Official name
KARUP DESIGN A/S
Personnel
19 persons
Established
1987
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About KARUP DESIGN A/S

KARUP DESIGN A/S (CVR number: 11211933) is a company from HERNING. The company recorded a gross profit of 18.6 mDKK in 2023. The operating profit was 6587.3 kDKK, while net earnings were 4794.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 27.5 %, which can be considered excellent and Return on Equity (ROE) was 42.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42 %, 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. KARUP DESIGN A/S's liquidity measured by quick ratio was 0.9 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 profit4 742.4815 004.5614 236.0817 278.1218 572.43
EBIT-3 252.315 629.405 529.186 935.686 587.29
Net earnings- 954.554 667.054 242.655 194.794 794.27
Shareholders equity total9 731.4414 398.4912 641.1411 835.9310 630.20
Balance sheet total (assets)26 676.8433 087.1527 058.2722 819.9625 453.17
Net debt8 156.767 230.228 111.514 712.167 794.27
Profitability
EBIT-%
ROA-5.9 %20.8 %19.4 %28.2 %27.5 %
ROE-8.5 %38.7 %31.4 %42.4 %42.7 %
ROI-8.0 %29.2 %25.7 %36.1 %37.0 %
Economic value added (EVA)-2 962.124 327.734 092.274 970.694 687.10
Solvency
Equity ratio36.5 %43.5 %46.7 %51.9 %42.0 %
Gearing90.9 %58.6 %67.3 %41.1 %75.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.80.50.80.9
Current ratio1.31.51.82.11.7
Cash and cash equivalents689.221 204.86390.87150.88232.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAAAAAAAA

Variable visualization

ROA:27.5%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.0%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member

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