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I/S Kærtoften 18 — Credit Rating and Financial Key Figures
Credit rating
Company information
About I/S Kærtoften 18
I/S Kærtoften 18 (CVR number: 42159026) is a company from AARHUS. The company recorded a gross profit of 17.8 kDKK in 2024. The operating profit was 17.8 kDKK, while net earnings were -23.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -1.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77.6 %, 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. I/S Kærtoften 18's liquidity measured by quick ratio was 483.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | 46.82 | 37.70 | 33.47 | 17.78 |
| EBIT | 46.82 | 37.70 | 33.47 | 17.78 |
| Net earnings | 30.48 | 27.84 | 26.71 | -23.71 |
| Shareholders equity total | 1 845.91 | 1 873.76 | 1 900.47 | 1 876.76 |
| Balance sheet total (assets) | 2 467.56 | 2 458.05 | 2 425.87 | 2 419.65 |
| Net debt | 526.75 | 498.91 | 474.13 | -1 881.76 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 1.9 % | 1.5 % | 1.4 % | 0.8 % |
| ROE | 1.7 % | 1.5 % | 1.4 % | -1.3 % |
| ROI | 1.9 % | 1.5 % | 1.3 % | 0.6 % |
| Economic value added (EVA) | 46.82 | -84.93 | -88.67 | - 102.85 |
| Solvency | ||||
| Equity ratio | 74.8 % | 76.2 % | 78.3 % | 77.6 % |
| Gearing | 32.2 % | 29.7 % | 26.3 % | 28.7 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 1.6 | 11.6 | 5.2 | 483.9 |
| Current ratio | 1.6 | 11.6 | 5.2 | 483.9 |
| Cash and cash equivalents | 67.56 | 58.05 | 25.87 | 2 419.65 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BBB | BBB | BBB | BB |
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