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
Free credit report Annual report

Company information

Official name
KARUP DESIGN A/S
Personnel
23 persons
Established
1987
Company form
Limited company
Industry

About KARUP DESIGN A/S

KARUP DESIGN A/S (CVR number: 11211933) is a company from HERNING. The company recorded a gross profit of 19.2 mDKK in 2024. The operating profit was 6184.2 kDKK, while net earnings were 4097.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.5 %, which can be considered excellent and Return on Equity (ROE) was 42.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 41.1 %, 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit15 004.5614 236.0817 278.1218 572.4319 214.16
EBIT5 629.405 529.186 935.686 587.296 184.20
Net earnings4 667.054 242.655 194.794 794.274 097.38
Shareholders equity total14 398.4912 641.1411 835.9310 630.208 727.58
Balance sheet total (assets)33 087.1527 058.2722 819.9625 453.1721 347.91
Net debt7 230.228 111.514 712.167 794.276 764.64
Profitability
EBIT-%
ROA20.8 %19.4 %28.2 %27.5 %25.5 %
ROE38.7 %31.4 %42.4 %42.7 %42.3 %
ROI29.2 %25.7 %36.1 %37.0 %33.9 %
Economic value added (EVA)3 449.513 145.044 330.164 238.863 857.82
Solvency
Equity ratio43.5 %46.7 %51.9 %42.0 %41.1 %
Gearing58.6 %67.3 %41.1 %75.5 %83.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.80.50.80.90.9
Current ratio1.51.82.11.71.7
Cash and cash equivalents1 204.86390.87150.88232.30548.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:25.5%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.1%
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

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