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KARIM DESIGN DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 32365302
Store Kongensgade 112, 1264 København K
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Company information

Official name
KARIM DESIGN DENMARK ApS
Personnel
3 persons
Established
2009
Company form
Private limited company
Industry

About KARIM DESIGN DENMARK ApS

KARIM DESIGN DENMARK ApS (CVR number: 32365302) is a company from KØBENHAVN. The company recorded a gross profit of 260.5 kDKK in 2024. The operating profit was -150.1 kDKK, while net earnings were -197.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.3 %, which can be considered poor and Return on Equity (ROE) was -33.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -11.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. KARIM DESIGN DENMARK ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit1 165.37961.97806.78441.29260.50
EBIT34.06-91.3854.7720.03- 150.13
Net earnings24.52-69.52-16.34-28.54- 197.06
Shareholders equity total178.47108.9592.6164.07- 133.00
Balance sheet total (assets)2 068.762 113.611 588.911 659.081 115.35
Net debt-1 110.31- 435.03369.33419.69624.46
Profitability
EBIT-%
ROA2.6 %-4.4 %3.0 %1.2 %-10.3 %
ROE14.8 %-48.4 %-16.2 %-36.4 %-33.4 %
ROI10.6 %-19.8 %11.2 %3.7 %-25.2 %
Economic value added (EVA)3.51-75.5732.19-12.33- 185.68
Solvency
Equity ratio10.2 %7.0 %7.3 %4.3 %-11.4 %
Gearing157.2 %312.4 %470.5 %757.3 %-481.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.70.30.50.0
Current ratio1.01.00.91.00.8
Cash and cash equivalents1 390.87775.3466.4065.5015.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-10.3%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-11.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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